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WALTHAM, MA -- Worldwide semiconductor revenues will fall nearly 20% this year to $199.2 billion, a drop that will take until at least 2012 to recover from, according to In-Stat. The rebound will be strong and will start next year, however, the research firm says.

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BRUSSELS -- Intel today said it has filed a statement of objections to the European Commission' antitrust charges.

The EC complaint asserts Intel illegally takes advantage of its dominant position in microprocessors by establishing certain non-competitive marketing and pricing practices.

An Intel spokesman said the company responded on Feb. 5 to the EC's charges, Reuters reported. No further details were made available.

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