MORE LIFE AFTER IMPENDING DEATH NEWS....
<<<<Researchers: Chips sweet through 2003
By Bloomberg News
August 28, 2000, 3:40 p.m. PT
SCOTTSDALE, Ariz.--The booming demand for semiconductors that has fueled growth at companies from Intel to Applied Materials will continue until early 2003, researcher Cahners In-Stat Group said.
Sales of personal computers and wireless devices will continue to rise, boosting demand for the thumbnail-sized chips used to run them, Cahners said in a statement. Semiconductor sales will total $316 billion in 2004 from about $210 billion in 2000, said Cahners, which specializes in market research on technology companies.
Investors became increasingly concerned about chip demand when cell-phone makers such as Nokia warned sales may be slowing. Some analysts have said the current expansion could end as soon as the first quarter. The report from Cahners suggests electronics production is still increasing in the U.S., Europe and Asia.
"These are exciting times in the semiconductor industry as the current (cycle) is just coming out of its infancy and reaching adolescence," Grant Johnson, the group's chip analyst, said in a statement.
By 2004, PCs will use 45 percent of chips produced, the Scottsdale, Ariz.-based researcher said. Chip sales in communications will grow at an average rate of 14 percent by then, it said.
The report also said sales to Asia will rise at a record rate, making it the leading chip-consuming region by 2004.>>
best wishes,
Jim |
