2002 Q3 Mid-Quarter Market Outlook
End Segments: Consumer, PC very soft
Industrial, Automotive flattish
Cellular Handsets relatively stronger
Channels: Disti’s with 13.5 wks inventory entering Q3
WW Disti Inventories dropped in July
Expect continued slight disti inventory reduction through Q3
Products/Pricing: Pricing more aggressive in mature product areas
Demand softest currently in low voltage power discretes
Backlog Visibility: Leadtimes now 4-6 weeks for most products, longer for high voltage power
13-wk Backlog down slightly since end Q2, 26-wk backlog down about 10%
Customers refraining from long term orders as leadtimes have dropped
The above forward looking statements are dependent on a number of risks and uncertainties, including those described in the company’s forms 10Q and 10K. Actual results may differ materially from those projected.