SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 05, 2012 08:20 ET

Semiconductor Market Forecast to Contract by 0.1 Percent in 2012 -- First Decline in Three Years

The Paragon Report Provides Stock Research on Broadcom and QUALCOMM

NEW YORK, NY--(Marketwire - Sep 5, 2012) - The combined economic slowdowns of the U.S., China, and Europe negatively impacted semiconductor sales in the second quarter. Recent research from IHS iSuppli showed that global chip sales in the second quarter of 2012 declined 3 percent to $77 billion when compared to the second quarter of 2012. The Paragon Report examines investing opportunities in the Semiconductor Industry and provides equity research on Broadcom Corp. (NASDAQ: BRCM) and QUALCOMM, Inc. (NASDAQ: QCOM).

Access to the full company reports can be found at:

www.ParagonReport.com/BRCM

www.ParagonReport.com/QCOM

As a result of an unfavorable economic environment analysts are predicting the global semiconductor market to decline for the first time in 3 years. IHS iSuppli recently revised their global semiconductor market chip revenue forecast to contract by 0.1 percent. Their previous forecast predicted a growth of less than 3 percent.

"The expected decline in 2012 represents a major event for the global semiconductor market. Throughout all of 2011, even though electronics markets were very weak, IHS never projected revenue to decline for the entire year. However, the disappointing results in the second quarter and weak third-quarter expectations driven by poor economic conditions are expected to cause the semiconductor market to retreat this year," said Dale Ford, senior director at IHS.

Paragon Report releases regular market updates on the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Broadcom is a global leader and innovator in semiconductor solutions for wired and wireless communication. The company's Board of Directors declared a quarterly dividend of $0.10 payable on September 17, 2012. Broadcom in July announced the industry's first complete 5G WiFi combo chip, BCM4335, for smartphones, tablets, ultrabooks and other mobile devices.

Qualcomm is the world leader in 3G and next-generation mobile technologies. The company recently acquired DesignArt Networks, a leader in small cell modem and system design for cellular base stations and high-speed wireless backhaul infrastructure. "DesignArt and its products will both enhance and accelerate our initiatives to drive increased capacity and coverage in mobile networks," said Craig Barratt, president of Qualcomm Atheros.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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