Chip manufacturing equipment is yet another tech sector eyeing a recovery this year, according to projections from market researcher iSuppli.
Global spending on chip manufacturing gear will grow by 46.8 percent over 2009, according to the report released Friday. The growth will follow nearly three down years. This upturn could be good news for the tech industry. Makers of chip manufacturing equipment are often considered the proverbial canary in the coal mine for the rest of tech, because new orders often indicate a growing confidence in consumer or business spending.
The chip industry was hit by a particularly severe … Read more