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 Marvell Technology Group Ltd. (
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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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Marvell's diverse product portfolio includes switching, transceiver, communications controller, wireless and storage solutions that power the entire communications infrastructure, including enterprise, metro, home and storage networking. Marvell now expects net revenue for the third quarter of fiscal 2013 to be in the range of $765 million to $785 million, a decline from their previous outlook of between $800 million to $850 million.
Rambus is one of the world's premier technology licensing companies. The company has recently signed a 6-year patent license agreement with Fujitsu Semiconductor. Rambus has reported revenue for the nine months ended September 30, 2012 was $176.6 million, down 23 percent from the same period last year.
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