Citing a slowdown in PC sales, Intel’s disclosure today that was lowering its third-quarter sales estimate may be ominous for some other chip suppliers and computer makers. But not every tech-sector company is complaining.
Market research firm IHS said companies that make power management semiconductors, which help regulate electrical functions in various gadgets, are experiencing “strong demand” after six months of decline.
“While lack of demand was to blame for the dismal performance during the fourth and first quarters, a pickup in the market for power management chips in consumer-type products is believed to have returned the market to growth in the second quarter,” said IHS analyst Marijana Vukicevic in a prepared statement
“The products responsible for fueling growth include mobile handsets, media tablets, personal computers and other consumer electronic items, such as digital still cameras,” Vukicevic added. “In these devices, efficient power management is becoming more important to consumers—a significant feature given that electronic devices are almost never shut off or powered down anymore.”