IC Insights' capex rankings for 2010

IC Insights Inc. has raised its forecast for IC capital spending. The firm forecasts that 2010 spending will rebound and hit $40.7 billion, a 57 percent increase over 2009. This is up from its previous forecast of plus 45 percent. In 2009, capex fell 30 percent, it was noted. In 2011, IC capital spending is expected to reach $48.6 billion, up 20 percent over 2010, according to the firm. [Via EE Times]

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