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Gartner Warns of 'Widespread Slowdown' in Electronics Sector

Wednesday August 13, 2008

A weakening global economy will soon cause consumers worldwide to slow spending on electronics products, a Gartner analyst warned on Monday.

"In coming months we expect to see signs of a widespread slowdown in the electronics sector, which would directly impact semiconductor sales," said Richard Gordon, analyst at Gartner, in the market researcher's Semiconductor Monday DQ Report. The chip industry likely won't start to recover until the second half of next year.

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