Thursday, October 26, 2006
Samsung Electronics Co. Ltd. is projected to remain in first place with 5.7 billion capital spending in 2007, according to the rankings from Pacific Crest Securities Inc.
Intel Corp. will continue to trail Samsung with 5.4 billion on capital spending in 2007, according to the investment banking firm.
Overall, Pacific Crest Securities predicts that worldwide capital spending for semiconductors will hit $51.5 billion in 2007, down 5 percent from $54 billion in 2006.
''Equipment orders should slow in the first half of 2007 and accelerate in the second half of 2007,'' said Mark Bachman, an analyst with the investment banking firm.
By: DocMemory
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