Analysts cut 2012 PC, chip shipment forecasts

Published August 24, 2012 9:15pm ET



NEW YORK (AP) — What once looked like a good year for computers and chips has now fizzled, say researchers.

IHS iSuppli said Friday that global semiconductor chip shipments are set to fall by 0.1 percent this year. That’s down from a previous forecast for growth of up to 3 percent. It’s the first annual decline since recession-colored 2009.

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