NEW YORK, NY--(Marketwire - Nov 6, 2012) - Despite the rapidly growing demand for high tech gadgets such as smartphones and tablets the semiconductor industry has experienced a less-than-average growth for 2012. A recent report from research firm Strategy Analytics has shown that the number of smartphones in use globally topped the 1 billion mark for the first time ever in the third quarter. The Paragon Report examines investing opportunities in the Semiconductor Industry and provides equity research on NVIDIA Corporation (
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The World Semiconductor Trade Statistics (WSTS) has forecasted the worldwide semiconductor market to see a growth of just 0.4 percent in 2012, before experiencing a growth of 7.2 percent in 2013. The Semiconductor Industry Association recently announced that global semiconductor sales were flat in August with a growth of just 0.1 percent. Year-to-date sales in August were down 4.6 percent when compared to the same period in 2011.
"Global semiconductor sales have held steady in recent months despite strong macroeconomic headwinds, but these challenges have hampered growth," said Brian Toohey, president and CEO, Semiconductor Industry Association.
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NVIDIA's processors power a broad range of products from smartphones to supercomputers. NVIDIA's mobile processors are used in cell phones, tablets and auto infotainment systems. The ASUS Vivo Tab RT, Lenovo IdeaPad Yoga 11 and Microsoft Surface RT currently use NVIDIA's Tegra 3 ARM-based processor.
SanDisk is a global leader in flash memory storage solutions. SanDisk's diverse product portfolio includes flash memory cards and embedded solutions used in smart phones, tablets and other electronic devices. The company recently announced that they will be providing the solid state drive for the recently released ASUS TAICHI Ultrabook.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.paragonreport.com/disclaimer
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- NVIDIA Corporation
- SanDisk Corporation