The industry is currently experiencing lower sales due to an inventory overhang and deceleration in the end-equipment markets. Current forecasts suggest the inventory adjustment will be completed by the end of the third quarter, and end-market product demand will improve later in the year.
Quotes about end-market (4 Quotes)
The long-term outlook, particularly given end-market strength in the controls business, remains robust.
I think this is the start of a sustainable rally. Fundamentals appear to be good and end-market demand is good. Average selling prices for chips are holding up.
We believe that our estimates are fair. However, with a slight pickup in end-market demand or market-share gains, it is reasonable that they may be conservative.