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To: shane forbes who wrote (14894)	9/10/1998 11:39:00 PM
From: Moonray	Read Replies (2) of 25814

Asian Economic Turmoil Deflates Semiconductor Sales According to the Semiconductor Industry Association's (SIA) Global Sales Report, the recent economic turmoil in Japan and pressures in product pricing led to a 1.9 percent drop in world semiconductor sales from June to July. July sales reflect a 30.2 percent drop in Japan's market from July 1997. However, two-thirds of the decline is due to the depreciation of Japan's currency. Also impacting sales, the oversupply of memory chips in world markets continues to soften pricing and cut revenues. Sales in all major world markets declined in July from year-ago totals, dropping 17 percent collectively. The Americas market fell from $3.85 billion to $3.20 billion, Europe dropped from $2.31 billion to $2.22 billion and Asia-Pacific slipped from $2.54 to $2.1 billion. o~~~ O

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