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Chipmakers have given their gravest assessment yet of the state of the industry, predicting growth of less than 2 per cent this year, down from previous forecasts of 10 per cent or higher.Sharp declines in average selling prices for microchips in several key market segments -- microprocessors, DRAMs, and NAND flash -- will contribute to slower growth in worldwide sales of semiconductors in 2007, according to an industry report Wednesday.Sharp declines in average selling prices for microchips in several key market segments -- microprocessors, DRAMs, and NAND flash -- will contribute to slower growth in worldwide sales of semiconductors in 2007, according to an industry report Wednesday.

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