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"There's an Achilles' heel to introducing so many new products if sales of these services are shown to decline when demand slumps."
With demand slumping in many segments of the industry, chip makers are gambling that sales will improve by the time the plants are ready.
'So, while demand slumps for other consumer products, we're actually selling more.'
In 1913 more than 13 million tonnes were exported from Cardiff docks, but after WWII demand slumped.
OPEC, he adds, does not want a repeat of the early and mid-80's, when demand slumped and non-OPEC production rose.
As the global economy cooled last year and demand slumped for semiconductors, computers and home electronics, Sony said it would overhaul almost 50 business units and aggressively cut inventories.
The world abruptly found itself bedeviled by excess capacity just as demand slumped, and so markets were awash with Russian steel, Chilean copper, American grain, Colombian coffee and Saudi oil.
Crippling fuel costs have grounded a number of UK-based carriers, including Silverjet and Zoom, but a global recession poses a greater threat to even the biggest airlines as demand slumps.
In 1874 amidst a boom in demand for slate, the Cwmodyn Slate & Slab Quarry Company was formed, but demand slumped soon after and the company was sold at auction in 1878.
"We're in a seasonal demand slump," said Debbie Tropp, analyst at Prudential-Bache, "and there has been a lack of conviction whether the buffer stock manager is going to be able to do anything in the face of this huge surplus."