The semiconductor market in the last decade has experienced two “once-in-a-lifetime” events: the dot-com bust and the global economic crisis. The coming year will bring a return to reality for the global semiconductor market, no longer driven by bubble economics that fostered the illusion of wealth.
The real driver of global economic growth will no longer be consumers, but rather emerging markets and economies that need infrastructure. So future growth will not be dependent on disposable consumer production. These important market changes have benefited Linear Technology. The company has been repositioning its product development, manufacturing and sales away from consumer markets in favor of industrial, communications and automotive markets. This repositioning is nearly complete, and has enabled Linear to boost sales faster than before to the current recession and will accelerate sales as we exit the recession.
