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Semi industry in 2007 was disappointing, 2008 to be more respectable, firm says

Since economists have not yet forecast a global economic recession, market researchers at Future Horizons are confident that 2008 will be a decidedly rosier year for the semiconductor industry, predicting semiconductor market growth will recover in 2008 to a respectable 12 percent level, based on a 10 percent unit growth and a modest 2 percent ASP recovery.