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All Penny Stocks.com News: POET Technologies Announces Development and Supply Agreement, Shares Up 7% on News

 

Mississauga, ON -- (SBWIRE) -- 01/12/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "POET Technologies Announces Development and Supply Agreement, Shares Up 7% On News."

Companies mentioned in this article include POET Technologies Inc. (TSX-Venture:PTK).

Article Excerpt:

According to market research firm Gartner Inc., worldwide semiconductor revenues are expected to be around $337.8 billion in 2015, down 0.8% over the previous year. Gartner notes that this would be the first decline in worldwide semiconductor revenue since 2012. In 2012, revenue dropped 2.6%. While the drop in 2015 is not as steep as in 2012, the performance of the semiconductor sector has been disappointing.

At the start of 2015, Gartner had predicted 2.2% growth in worldwide semiconductor revenue. The decline is due to downward revisions in the outlook for major applications that drive the semiconductor market, according to Gartner's Research Vice President, Andrew Norwood. Norwood noted that the stronger dollar also had a negative impact on revenue.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/568/poet-technologies-announces-development-and-supply-agreement-shares-up-7-on-news.htm

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