I’m not quite the pessimist of some forecasters out there. A bright spot is electronics, for which December and January sales did not... That said, January shipments were 13% lower... Fear drove December’s IC bookings down to $7.4B, with January...That took content rates below... Another way to look at it is the yearly run rate, which was around 1994/95 levels. So inventory is dropping like a rock. These fear levels are sheer insanity.
weQuest's are written by G Dan Hutcheson, his career spans more than thirty years, in which he became a well-known as a visionary for helping companies make businesses out of technology. This includes hundreds of successful programs involving product development, positioning, and launch in Semiconductor, Technology, Medicine, Energy, Business, High Tech, Enviorntment, Electronics, healthcare and Business devisions.