As With Other Chip Makers, Sales Begin to Stall at Philips

Royal Philips Electronics has predicted that sales in their semiconductor division will stall, at least in the near future. They originally thought to have a spike of about 4%, however, now think to make less than this year's second quarter did. Philips is the latest company to have an annoucement of this sort, joining Intel and Texas Insturments. The reason for this stall is said to come from having double orders earlier in the year and the buyers, mostly makers of TV, cell phones and DVD recorders, have now taken stock and decided to wait to order more. It is not clear whether this signals a drop in comsumer demand for the divices the chips are used in, however, in any case, falling sales are not good for prices.