Global chip and equipment markets slow down in 2008

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Global chip and equipment markets slow down in 2008

Consumers are feeling the pressure of the economic downturn and so are global semiconductor and electronic equipment suppliers as they face slowing growth in demand in 2008, according to research firm iSuppli. Five of the six major segments of the global electronic equipment business – computers, industrial equipment, automotive gear and wired and wireless communications – are expected to suffer lower growth in 2008 than they did in 2007.

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