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Politics : Formerly About Applied Materials

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To: J_K who wrote (33459)	12/9/1999 11:51:00 AM
From: Ian@SI	Read Replies (1) of 70976

Industry Grp: Oct. Worldwide Semiconductor Sales $13.4B SAN JOSE -- The Semiconductor Industry Association said worldwide sales of semiconductors rose to a record $13.4 billion in October from $10.87 billion last year. The latest figure beat record sales of $13.19 billion in November 1995. In a press release Thursday, the industry group said the October sales continue a strong growth pattern that began in mid-1998 and outpace the group's recent forecast. The Semiconductor Industry Association said total semiconductor sales rose 5.6% in October to $13.4 billion from $12.7 billion in September. Referring to its recent 1999-2002 forecast, the group projected the worldwide semiconductor industry will grow 14.7% with sales of more than $144 billion this year. With October's global sales numbers, year-to-year date numbers outpaced the group's forecast at 15.6%. Semiconductor Industry Association said October semiconductor sales for the Americas rose 3.7% to $4.19 billion from $4.04 billion in September, while sales in Europe for the same peroid rose 6.9% to $2.85 billion from the month-ago sales of $2.67 billion. Japanese semiconductor sales rose 6% to $2.96 billion in October from $2.79 billion in September, while sales in Asia Pacific rose 6.4% to $3.41 billion from $3.2 billion in the month-ago period, the group said. Semiconductor Industry Association said October year-to-year semiconductor sales for the Americas rose 15.5% to $4.19 billion from $3.63 billion last year, while sales in Europe for the same period rose 10.4% to $2.85 billion from year-ago sales of $2.58 billion. Japanese semiconductor sales rose 37.7% to $2.96 billion in October from $2.15 billion last year, while sales in the Asia Pacific rose 35.6% to $3.41 billion from $2.51 billion a year ago, the group said. The Semiconductor Industry Association said its latest 1999-2002 forecast predicts the semiconductor industry will grow 21% with sales of $174 billion in 2000, with continued industry gains of 20% in 2001 on sales of $209 billion. The industry group also said it expects the worldwide semiconductor industry to show 12% industry growth on sales of $234 billion in 2002. The group said wired and wireless information appliances have driven the growth, along with Internet infrastructure products. Cellular phones will likely continue to serve as a major industry proponent, the group said.

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