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November 2011

Semico Forecasts 2011 Revenues will be Down 1.4%

Phoenix, Arizona November 2, 2011 - As we head into November, Semico's forecast of a weak second half is showing to be accurate. June, July, and August all had poor performance and according to the IPI, we will see that trend continue into 1Q12. February of 2012 is still forecasted to be the bottom as OEMs are currently burning off inventory while foundries cut back on capital expenditures.