Global semiconductor inventories down 5% in Q4

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Intel cut its stockpiles by $585 million in the quarter, according to IHS.

Global semiconductor inventories during the fourth quarter declined more than expected from the third quarter, led by a 11% reduction by market leader Intel Corp., according to IHS Inc. The research company said the days of inventory for semiconductor suppliers declined 5% in the fourth quarter, faster than the 1.5% decline initially forecast. Meanwhile, the inventory value fell almost 5%, more than the originally projected 3%. "Semiconductor companies reduced their inventories at a faster-than-expected rate in the fourth quarter as they moved to adjust to weakening demand," said Sharon Stiefel, analyst for semiconductor market intelligence at IHS. No. 1 semiconductor supplier Intel was the most aggressive, cutting its stockpiles by $585 million, the largest decrease on a dollar basis of any chipmaker. Advanced Micro Devices Inc. cut its inventory by $182 million, or 25% from the third quarter, while STMicroelectronics N.V.'s inventory value was reduced by $131 million, or 9% from the prior quarter. Meanwhile, Qualcom Inc. added $247 million of inventory, a 24% rise from the third quarter. Qualcomm has benefited from the rising popularity of smartphones. Despite a trend toward internally designed processors, smartphone makers like Apple Inc. and Samsung Electronics Co. have continued to use Qualcomm's modem chips, which employ the next-generation wireless technology LTE.

Intel cut its stockpiles by $585 million in the quarter, according to IHS.

Global semiconductor inventories during the fourth quarter declined more than expected from the third quarter, led by a 11% reduction by market leader Intel Corp., according to IHS Inc. The research company said the days of inventory for semiconductor suppliers declined 5% in the fourth quarter, faster than the 1.5% decline initially forecast. Meanwhile, the inventory value fell almost 5%, more than the originally projected 3%. "Semiconductor companies reduced their inventories at a faster-than-expected rate in the fourth quarter as they moved to adjust to weakening demand," said Sharon Stiefel, analyst for semiconductor market intelligence at IHS. No. 1 semiconductor supplier Intel was the most aggressive, cutting its stockpiles by $585 million, the largest decrease on a dollar basis of any chipmaker. Advanced Micro Devices Inc. cut its inventory by $182 million, or 25% from the third quarter, while STMicroelectronics N.V.'s inventory value was reduced by $131 million, or 9% from the prior quarter. Meanwhile, Qualcom Inc. added $247 million of inventory, a 24% rise from the third quarter. Qualcomm has benefited from the rising popularity of smartphones. Despite a trend toward internally designed processors, smartphone makers like Apple Inc. and Samsung Electronics Co. have continued to use Qualcomm's modem chips, which employ the next-generation wireless technology LTE.

Intel cut its stockpiles by $585 million in the quarter, according to IHS. Global semiconductor inventories during the fourth quarter declined more than expected from the third quarter, led by a 11% reduction by market leader Intel Corp., according to IHS Inc. The research company said the days of inventory for semiconductor suppliers declined 5% in the fourth quarter, faster than the 1.5% decline initially forecast. Meanwhile, the inventory value fell almost 5%, more than the originally projected 3%. "Semiconductor companies reduced their inventories at a faster-than-expected rate in the fourth quarter as they moved to adjust to weakening demand," said Sharon Stiefel, analyst for semiconductor market intelligence at IHS. No. 1 semiconductor supplier Intel was the most aggressive, cutting its stockpiles by $585 million, the largest decrease on a dollar basis of any chipmaker. Advanced Micro Devices Inc. cut its inventory by $182 million, or 25% from the third quarter, while STMicroelectronics N.V.'s inventory value was reduced by $131 million, or 9% from the prior quarter. Meanwhile, Qualcom Inc. added $247 million of inventory, a 24% rise from the third quarter. Qualcomm has benefited from the rising popularity of smartphones. Despite a trend toward internally designed processors, smartphone makers like Apple Inc. and Samsung Electronics Co. have continued to use Qualcomm's modem chips, which employ the next-generation wireless technology LTE.

Intel cut its stockpiles by $585 million in the quarter, according to IHS. Global semiconductor inventories during the fourth quarter declined more than expected from the third quarter, led by a 11% reduction by market leader Intel Corp., according to IHS Inc. The research company said the days of inventory for semiconductor suppliers declined 5% in the fourth quarter, faster than the 1.5% decline initially forecast. Meanwhile, the inventory value fell almost 5%, more than the originally projected 3%. "Semiconductor companies reduced their inventories at a faster-than-expected rate in the fourth quarter as they moved to adjust to weakening demand," said Sharon Stiefel, analyst for semiconductor market intelligence at IHS. No. 1 semiconductor supplier Intel was the most aggressive, cutting its stockpiles by $585 million, the largest decrease on a dollar basis of any chipmaker. Advanced Micro Devices Inc. cut its inventory by $182 million, or 25% from the third quarter, while STMicroelectronics N.V.'s inventory value was reduced by $131 million, or 9% from the prior quarter. Meanwhile, Qualcom Inc. added $247 million of inventory, a 24% rise from the third quarter. Qualcomm has benefited from the rising popularity of smartphones. Despite a trend toward internally designed processors, smartphone makers like Apple Inc. and Samsung Electronics Co. have continued to use Qualcomm's modem chips, which employ the next-generation wireless technology LTE.

Intel cut its stockpiles by $585 million in the quarter, according to IHS. Global semiconductor inventories during the fourth quarter declined more than expected from the third quarter, led by a 11% reduction by market leader Intel Corp., according to IHS Inc. The research company said the days of inventory for semiconductor suppliers declined 5% in the fourth quarter, faster than the 1.5% decline initially forecast. Meanwhile, the inventory value fell almost 5%, more than the originally projected 3%. "Semiconductor companies reduced their inventories at a faster-than-expected rate in the fourth quarter as they moved to adjust to weakening demand," said Sharon Stiefel, analyst for semiconductor market intelligence at IHS. No. 1 semiconductor supplier Intel was the most aggressive, cutting its stockpiles by $585 million, the largest decrease on a dollar basis of any chipmaker. Advanced Micro Devices Inc. cut its inventory by $182 million, or 25% from the third quarter, while STMicroelectronics N.V.'s inventory value was reduced by $131 million, or 9% from the prior quarter. Meanwhile, Qualcom Inc. added $247 million of inventory, a 24% rise from the third quarter. Qualcomm has benefited from the rising popularity of smartphones. Despite a trend toward internally designed processors, smartphone makers like Apple Inc. and Samsung Electronics Co. have continued to use Qualcomm's modem chips, which employ the next-generation wireless technology LTE.

Global semiconductor inventories during the fourth quarter declined more than expected from the third quarter, led by a 11% reduction by market leader Intel Corp., according to IHS Inc.

The research company said the days of inventory for semiconductor suppliers declined 5% in the fourth quarter, faster than the 1.5% decline initially forecast. Meanwhile, the inventory value fell almost 5%, more than the originally projected 3%.

"Semiconductor companies reduced their inventories at a faster-than-expected rate in the fourth quarter as they moved to adjust to weakening demand," said Sharon Stiefel, analyst for semiconductor market intelligence at IHS.
No. 1 semiconductor supplier Intel was the most aggressive, cutting its stockpiles by $585 million, the largest decrease on a dollar basis of any chipmaker.

Advanced Micro Devices Inc. cut its inventory by $182 million, or 25% from the third quarter, while STMicroelectronics N.V.'s inventory value was reduced by $131 million, or 9% from the prior quarter.

Meanwhile, Qualcom Inc. added $247 million of inventory, a 24% rise from the third quarter.

Qualcomm has benefited from the rising popularity of smartphones. Despite a trend toward internally designed processors, smartphone makers like Apple Inc. and Samsung Electronics Co. have continued to use Qualcomm's modem chips, which employ the next-generation wireless technology LTE.