Tokyo -- Gazing into their crystal balls, executives from major Japanese chip companies see a similar pattern developing in the IC industry: a flat market in 2007, followed by a double-digit upturn in 2008. Executives from NEC Electronics Corp., Renesas Technology Corp. and Toshiba Corp. separately pegged growth at 5 percent or less for the worldwide semiconductor market in 2007.
NEC Electronics and Toshiba also projected that the worldwide IC market could grow by 10 percent or more in 2008, but Renesas indicated that it foresees the market remaining cloudy next year.
The DRAM market continues to be in a major slump. NAND and NOR flash prices are soft, while ASICs, FPGAs, microcontrollers and microprocessors are a mixed bag.
Citing other positive factors, Yamaguchi said that the automotive and wireless markets are growing and that the game-console chip business is booming at NEC Electronics and other manufacturers. The chip maker supplies a custom device for Nintendo Ltd.'s popular Wii game console.
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