Price Cuts Hurt Chip Revenue in First Half of Year

"We expect that key end markets will grow in line with expectations through the remainder of the year, and that total semiconductor sales for 2007 will meet the revised forecast" Continuing price cuts in the semiconductor market held revenue growth down to 2.1 percent in the first half of 2007, even though strong sales of PCs and cell phones pushed chip shipments to rise nearly 7 ... via PC World - Original Story