The semiconductor industry is continuing a phenomenal bounce back year. At the moment, growth is expected to be doubled that of this time last year. The industry is still in the middle of a multiyear recovery process. To put the status of recovery in perspective, in 2007, spending on front-end semiconductor fabrication facilities was estimated to be around $38 billion. In 2009, that number plummeted to $15.92 billion. It is currently estimated that 2010 will see that number move to $32.50 billion and $35.53 billion in 2011.
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A recovering global economy and innovative new technology are fueling the rebounding semiconductor industry. A global increase in computer production by 22% and 14% for cell phones are good signs for the semiconductor industry as well.
The semiconductors are still a ways away from a full recovery and in turn have placed a greater emphasis on innovation for success; the market isn't as forgiving as it was during the height of semiconductor sales. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting companies in the technical & system software industry.
On the software front, two companies, Cadence Design Systems Inc. and Synopsys Inc., are actively investing in research and development in the technical & system software industry. For the last year or so, Cadence Design Systems have allocated $349.4 million of its revenue to R&D whilst Synopsys invested close to $433 million to that end. Investors can register today at http://wallstreetequityresearch.com/August092010CadenceDesignSystemsInc.(CDNS)090810.php or http://wallstreetequityresearch.com/August092010SynopsysInc.(SNPS)090810.php to download the full reports on Cadence Design Systems Inc and Synopsys Inc.
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