People in the industry don't want to believe it, and most of the executives are still talking about the higher growth rate.
More Quotes from Danny Lam:
Until then, we're dealing with smoke and mirrors, ... We're looking at an industry decline in capacity of 20 percent in October. What you've got right now is propaganda from companies saying that everything is okay.Danny Lam
Historically, the highest-end chips of this year become the mid-range chips of next year. That's always been the case, ... Two years ago, people were asking why they needed a 200 MHz Pentium processor. Now, most people wouldn't be caught without at least that.
Danny Lam
Taiwan is operating at about 50 percent capacity on average, ... My first worries concern a shortage of graphics chipsets.
Danny Lam
We're talking about inventory that would have shipped in the last month and would have appeared in PCs shipping around Thanksgiving, ... You're running smack into the holiday shopping season.
Danny Lam
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