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Despite Steady Sales Global Semiconductor Industry to Experience Limited Growth in 2012

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 Advanced Micro Devices, Inc. ( NYSE : AMD ) and Micron Technology, Inc. ( NASDAQ : MU ).

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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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AMD has recently announced its collaboration with Microsoft on more than 125 Windows 8-based PC designs. "Windows 8 marks a new era in the PC industry; an age of acceleration powered by AMD that will enable a visually superior experience whether on a tablet, notebook or all-in-one," said Dr. Lisa Su, AMD's senior vice president and general manager, Global Business Units.

Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory products. The Tokyo District Court has chosen Micron as the buyer of bankrupt Japanese chipmaker Elpida Memory Inc. The transaction is still subject to regulatory approval, but it is expected to be completed in the first half of calendar 2013.

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