Podcast: Semiconductor Executives Temper Growth Expectations

Podcast: Semiconductor Executives Temper Growth

Now in its seventh year, KPMG's Global Semiconductor Survey of more than 150 executives identifies trends and issues influencing the global semiconductor market today, as well as the opinions of leading executives about industry growth over the next three years.

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The survey's bellwether Semiconductor Business Confidence Index indicates a shift toward negative sentiment about industry revenue growth. Although the index suggests more of a speed bump for the industry than a double-dip downturn, semiconductor companies are planning a number of defensive measures to improve profitability, including reducing the growth of R&D and capital spending.

Echoing results from our Technology Industry Business Climate Survey, executives were optimistic about the prospects for revenue growth in the United States. The United States trailed only China as a leading market for growth, perhaps reflecting an improvement in economic conditions.

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