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To: patrick tang who wrote (16704)	1/29/1999 11:52:00 AM
From: Moonray	of 25814

U.S. forecasts chip growth EE Times - 01/27/99, 1:32 p.m. EDT WASHINGTON — The U.S. semiconductor industry will grow at a healthy 10.2 percent in 1999, according to a government forecast released Tuesday (Jan. 26). The Commerce Department's annual "U.S. Industry & Trade Outlook '99" forecast that semiconductor manufacturing would contribute to the projected overall growth of the U.S. information technology industry. The IT industry, which is projected to grow by 8 percent this year, is widely credited with sustaining the longest peacetime economic expansion in post-war history. Other IT sectors forecast to expand in 1999 include computers and peripherals (8.7 percent), printed-circuit boards (14 percent), telecommunications equipment (6.9 percent) and consumer electronics (10 percent). Fueling demand for these products, Commerce said, is the "far-reaching relevance" of electronic commerce. o~~~ O

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