靜靜的部落客

(ww08'12)

希臘國會通過民間債權人減記債權53.5%的歷史性法案。這將是歐元區對希臘第二輪紓困行動的的要素。這項法律載明債務重整的規定與程序，也為國會開啟進一步財政緊縮政策的立法之路。目前共計3500億歐元的希臘國債，隨21日由歐元區共同提供1300億，並將剩下的債務以減記方式勾銷1070億後，目前已降至1200億之水位。

在美國方面，一月份物價因原物料及能源價格上漲而呈月比微升。經濟學家對於長期通膨抱持樂觀，預測原物料價格及能源漲勢將趨緩。

至於半導體產業，本周重大消息來自於習近平訪美期間，中國科技大廠中興與華為分別向Qualcomm、Broadcom、Avago等公司下單五十億美元與六十億美元。除了政治上之互動，市場將這兩筆大單視為Qualcomm成功進軍中國智慧型手機市場之宣告。對於未來聯發科、展訊與晨星在中國手機布局將有所影響。

此外，北美半導體BB值雖仍在1以下，卻是去年連續六個月下滑後，連續第四個月上升。此一趨勢顯示半導體市場逐漸脫離險境，緩步康復中。

Greece's parliament approved a law to permit an exchange of Greek debt with private bondholders aimed at slicing 53.5% off the country's debt burden, a key element of a new financing package designed to avert the collapse of the economy.

In USA, the consumer-price index, or CPI, rose 0.2% in January from a month earlier and 2.9% from a year ago last month amid spiking gasoline costs. These figures do somewhat hint that new inflation pressures may be hitting the economy. However, we do not expect a rapid rise in core inflation over the rest of this year.

On semiconductor front, ZTE has agreed to buy at least $5 billion worth of parts from Qualcomm and Broadcom over the next few years while Huawei plans to give contracts totaling $6 billion to Qualcomm (LTE), Broadcom (Networking), Avago. The market has taken these contracts as Qualcomm’s major design win into China smartphone market.

The three-month average book-to-bill (BB) ratio for North American semiconductor equipment manufacturers improved to 0.95 in January, the fourth consecutive month of improvement after six consecutive months of declines. The upward trend suggests that semiconductor industry is on its way to recovery.