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Politics : Formerly About Applied Materials

AMAT 292.20

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Jan 7 3:59 PM EST

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To: Duker who wrote (31296)	7/7/1999 12:20:00 AM
From: A. Edwards	of 70976

Worldwide Semiconductor Sales Rose 12 Percent in May, SIA Says July 6 (Bloomberg) -- Worldwide sales of computer chips rose 12 percent in May from a year ago, led by surging sales in Asia and Japan, an industry trade group said. Sales rose to $11.3 billion in May from $10.1 billion in May 1998, the Semiconductor Industry Association said. Sales climbed less than 1 percent from $11.2 billion in April 1999. Global sales of computer chips are expected to rise 12 percent this year, led by products used in phones and networks as well as the increasing popularity of the Internet. Recovering economies in Asia and Japan are helping buoy industry sales. ''May's global sales numbers are a clear indication of the positive and solid growth of our industry,'' SIA President George Scalise said in a statement. Sales in Asia rose 18 percent from a year ago to $2.77 billion, while sales in Japan surged 15 percent to $2.46 billion, the SIA said. Sales in the Americas region rose 11 percent to $3.64 billion. Sales in Europe were up only 3.2 percent from a year ago to $2.41 billion, and fell 2.8 percent from April 1999.

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