Type of Article: MacTech Blog

Majority of consumers plan to shop online this holiday season

Based on a survey of shoppers completed by Overstock.com, a discount online shopping retailer, 75% plan to shop on Black Friday (Nov. 29) and of those, 57% plan to do it online. Cyber Monday (Dec. 2) will bring in 66% of shoppers online. The survey also revealed that consumers expect savings of up to 40% off during the Black Friday and Cyber Monday retail period.

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Chip firms, OEMs to enjoy strong revenue growth as year finishes

The semiconductor and electronics original equipment manufacturing (OEM) industries are set to enjoy significant revenue growth in 2013 — partly due to their tight management of inventory levels — according to a Supply Chain Inventory market brief from IHS Inc. (www.isuppli.com).

Among OEMs in six categories, total revenue in the third quarter reached an estimated US$493 billion, up a robust 7% from $462 billion in the second quarter. Revenue in the final quarter of the year is expected to climb at an even more blistering pace, reaching $540 billion with sequential growth of 10%.

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