Some of the below could be construed as good news for Poet. Foundries are struggling, and need new business, and that could result in better deals for fabless firms.

The industry needs new product to excite the market! Article below.

Second-tier IC foundries face low utilization in 4Q15
Cage Chao, Taipei; Jessie Shen, DIGITIMES [Friday 21 August 2015]
Second-tier IC foundries will struggle to maintain their capacity utilization rates above 60% in the fourth quarter of 2015, due to disappointing demand for smartphones, tablets, notebooks and other mass-market consumer devices, according to sources in Taiwan's IC design industry.

Fabless IC firms continue to engage in inventory correction in the third quarter, and have seen their order visibility for the fourth quarter remain poor, the sources indicated.

Falling utilization rates have prompted contract chipmakers to lower their quotes, the sources observed. Eight-inch foundries have lowered their quotes for 0.18-micron process technology by more than 20%, while prices for 28nm process nodes at 12-inch foundries are also being cut by more than 10%, the sources said.

Nevertheless, fabless IC firms are still cautious about placing orders indicating a particularly slow second half of 2015, the sources noted. Foundries except TSMC will likely see their capacity utilization rates drop below 70% in the fourth quarter, with some second-tier players running their fabs at less than 60% utilization, the sources said.

TSMC suggested previously that excess inventory at handset companies might not be able to ease until the fourth quarter of 2015. In addition, packaging and testing firm SPIL has expressed caution about the semiconductor market's prospects for the second half of 2015, citing low order visibility.

http://www.digitimes.com/news/a20150820PD216.html