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Semiconductor Industry Begins Recovery
According to view of Huanxin Chai,analysts of market research firm, DIGITIMESResearch , the world's IC packaging and testing industry boom after the financial tsunami, the output value in 2007 had the high point of $ 47.34 billion, appeared two consecutive years of recession, and 38.03 billion in 2009.Since quick recovery in the global economy from 2010, besides,smart phones, tablet computer (TabletPC) and other portable electronic products have a substantial growth of shipments, and also lead the world's IC packaging and testing industry boom with a 2-digit percentage substantial growth ,the output value reaches 47.07 billion U.S. dollars, the annual growth rate is 23.8%.However, since the second half of 2010, caused by the U.S. debt outstanding, global economic growth momentum has slowed down, plus the natural disasters in 2011 and the first northeastern Japan 9.0 earthquake occurred on March 11, making the world's first second largest consumer of Japan's GDP growth rate of 0.7% recession in July 2011. Under the influence of the deteriorating debt problems in Europe, global economic visibility decreased, the strength of end demand growth weakens, flooding in Thailand in November not only hit Thailand's economy, also the hard drive supply chain shortages doubts increased, thereby affecting the PC semiconductor shipments status. Under the influence of various natural and man-made disasters, the 2011 Global IC packaging and testing industry output only reached 48.38 billion U.S. dollars, the annual growth rate was 2.8 percent.From the end-demand market, smart phones, tablet PCs and other portable electronic products shipments will have an opportunity to grow substantially, coupled with PC unit shipments in the second half of the year will have the opportunity to appear nearly 20% growth over the first half , Huanxin Chai estimated in 2012 global semiconductor industry will have a 5% growth.   
    
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