Gartner: Semiconductor inventory will rise sharply in the third quarter

Market research firm Gartner said that the semiconductor industry inventory levels are reaching alarming levels.

Gartner stated in the statement that due to the weakening of consumer and business spending, it is expected that semiconductor inventories will rise significantly in the third quarter of 2011, reaching an alarming level. The research organization expects that the semiconductor industry's inventory level will not begin to decline until the end of 2011.