Comments on: TSMC exec: Chip industry to recover in 3 years

Longtime figure in the semiconductor arena says it'll be 2012 before the industry bounces back, according to a story in The Wall Street Journal.

[GrimFandango8885]

I love how its a "64" percent loss in profit. It makes you think where they got the numbers from. Wink* Wink*. Hey guys we need to release a loss report, lets tag it with the number of bits in most computer processors, they will never know and we can get away with being cute. But thats too convenient. We all have a bumbling white house regular too thank for all of this. You think he'd been kicked out after four years let alone 8.

[3tire]

If you seriously think a US president alone is the cause of the worldwide economic meltdown, then you're pretty much the bumbling regular. It's "liberals" and "conservatives" like you who give Americans their well deserved reputation for being blockheads. Oh and before you go off on a tirade spouting off all the predictable demonizing, of someone you think disagrees with your politics, I am a longtime democrat and a fervent Obama supporter.

[xim1970]

What I love is the fact that they are expecting a turnaround in 3 years. Isn't that the same amount of time that the "general" economy is expected to turn around? This is a big news item why? I could've told you that! Here's my headline:
"When everything else turns around, we expect we will too."
Send cash for my insight thank you!
Make checks payable to [e-mail]

[shawnlin]

Morris isn't expecting a turnaround in 3 years, he is expecting the total industry revenue (of the semiconductor market) to recover to 2008 levels in 2012. That means the economy will have to turn around at least year or two before 2012.