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Global Semiconductor Investment Drops in November

Technician holding a wafer of semiconductor chips (Sandia National Lab)

(Sandia National Lab)

A report from the Global Semiconductor Alliance (GSA) shows investment in semiconductor companies worldwide dropped for the month of November 2011 compared to the same month in 2010, and for the year-to-date. The number of mergers and acquisitions in the industry also decreased for the year so far, but in November a number of new stock offerings were announced.

GSA’s report for November (paid subscription required) shows seven semiconductor makers last month raised $22.2 million, the same amount as in October, but falling by 74 percent compared to November 2010. Three companies each in November 2011 and November 2010 did not disclose their funding amounts. For the year to date, semiconductor companies recorded 79 deals raising $988.2 million, a decrease of 16 percent compared to the first 11 months of 2010.

For the year so far, the industry registered 98 merger and acquisitions involving manufacturers or suppliers, a decline of 8 percent compared to the first 11 months of 2010. However, three companies in November filed initial public offerings of their stock: Cirtek Holdings Philippines Corp., Intermolecular Inc., and InvenSense Inc.

The Global Semiconductor Alliance in Dallas, Texas is an industry association representing companies throughout the supply chain in 30 countries.

Hat tip: ElectroIQ

Read more: Pharma, Technology Lead Worldwide Corporate R&D Rebound

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