Semico forecasts both the U.S. economy and the worldwide semiconductor industry will experience a slowdown in 2005.
Phoenix, Arizona January 17, 2005 - Semico’s Inflection Point Indicator (IPI) showed a dramatic dip this month, indicating an increased risk of weakness in the 3Q05. The November IPI reading of 14.23 was down 5.8% from the October IPI of 15.12. This was the largest percentage drop in over three years, when the August 2001 IPI fell 8.0%.