OJ, I would say that this confirms your views!
pick a semi and take it to lunch<g>
Semiconductor Sales Surge to Record $14.2 Billion in November, Group Says By Anthony Effinger
Semiconductor Sales Hit Record $14.2 Bln in November (Update1)
(Updates with closing stock prices.)
San Jose, California, Jan. 4 (Bloomberg) -- Worldwide sales of semiconductors climbed 25 percent to a record $14.2 billion in November, lifted by rising demand for memory chips for computers and mobile phones, the Semiconductor Industry Association said.
The figure eclipsed the previous record of $13.4 billion, set in October. Sales in November 1998 were $11.4 billion.
Demand for semiconductors is surging because new electronic devices are using more chips. Sales of ``flash' memory chips, which retain information in mobile phones and computers when the power is turned off, were particularly strong. Flash sales rose 74 percent for the first 11 months of 1999, the SIA said. Dynamic random-access memories, the most common memory chips in PCs, rose 48 percent in that period. ``The SIA forecast calls for continued robust growth in the new millennium,' SIA President George Scalise said in a statement. ``This is indeed an extraordinary time.'
Sales in Japan and the Asia Pacific region rose the fastest, each climbing about 39 percent from a year earlier, the SIA said. Sales in Japan were $3.18 billion and sales in the rest of the Asia Pacific area were $3.67 billion.
Sales in the Americas rose 16 percent to $4.3 billion. |