As the global economy wavers and economic conditions become more difficult to predict, we see constant updates regarding predicted market growth.
At the beginning of the year, IHS (a respected analyst firm) predicted a growth in the semiconductor market of 3%. However due to lesser growth in Q2 than expected, they have been forced to downgrade their forecast to predict 0.1% contraction for the year overall.
Dale Ford , Senior Director of IHS ,said “The expected decline in 2012 represents a major event for the global semiconductor market”. This is because the industry has not seen a decline in growth over the whole year since 2009.
It's not all bad news though, IHS are still predicting 13% growth in 2013. Which relieves the semiconductor industry of long term pressure at least.
Bear in mind the short term struggles predicted by IHS, Cyclops Electronics scheduled ordering system allows you to purchase up to 1 years worth of stock at a fixed price is something to keep your eyes on. With the market showing signs of contraction, prices will be expected to rise so buying at a fixed price relieves pressure from you and your company keeping you safe and sound in the knowledge that the fluctuating market may not be of concern to you!
Cyclops Electronics will hold your stock on site and deliver it to you on a just in time basis, eliminating any storage concerns you may have.
With many more advantages, our scheduled ordering system gives a sense of stability during uncertain times.
To read more about our scheduled ordering system click here.
Alternatively our sales team would be happy to answer any questions you may have, get in touch via:
Tel: +44(0) 1904 415415
Send your question straight to us here.