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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 148.32-3.3%Nov 14 9:30 AM EST

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To: FJB who wrote (3775)1/4/2000 6:58:00 AM
From: FJB  Read Replies (1) of 5867
 
January 4, 2000

Dow Jones Newswires
Trade Grp: Worldwide Chip Sales Record $14.2B In Nov.

SAN JOSE -- The Semiconductor Industry Association said worldwide semiconductor sales in November rose 24.8% to a record $14.2 billion from $11.4 billion a year ago, and rose 6.2% from the previous record of $13.4 billion in October 1999.

Year-to-date sales rose 17.1% from a year earlier and beat the association's forecasted sales increase of 14.7%.

November sales rose 39.3% in the Asia Pacific market to $3.7 billion from $2.6 billion a year ago and in the Japan market sales rose 38.6% to $3.2 billion from $2.3 billion a year earlier.

Sales in the Americas rose 16.4% to $4.3 billion from $3.7 billion last year. Sales in Europe rose 10.8% to $3.1 billion from $2.3 billion.

The association attributed the increased sales to continuing industry growth and said the numbers represent "a healthy chip industry with across the board sector growth."

The association also said memory product demand is particularly strong.

Year-to-date sales for flash memory products rose 74.2%, attributable primarily to demand from wireless communications, and sales for DRAM rose 47.6%, primarily from personal computer and server demand.


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