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Politics : Formerly About Applied Materials
AMAT 292.20-1.2%Jan 7 3:59 PM EST

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To: Proud_Infidel who wrote (40738)12/12/2000 2:55:59 PM
From: Proud_Infidel  Read Replies (1) of 70976
 
German chip sales see slowest growth in eight months
By Bloomberg News
December 12, 2000, 9:30 a.m. PT

FRANKFURT, Germany--German sales of semiconductors rose 40 percent in November from a year earlier, the slowest monthly growth rate since March, the ZVEI industry association said.

Sales rose an annual 55 percent in October and 58 percent in September. "As expected, the growth has surpassed its peak and is returning to normal," ZVEI said.

Semiconductor makers have seen their shares fall on expectations that an industrywide recovery driven by surging demand for consumer electronics will slow. Infineon Technologies has seen its shares fall more than 40 percent from a June high.

In the first 11 months of this year, semiconductor sales rose 48 percent from the same period last year, the ZVEI report showed. The book-to-bill ratio, which measures the relation of orders and sales and is seen as a key gauge of future growth, slipped to 1.01 in November from 1 in October and a high of 1.33 set in April.

Copyright 2000, Bloomberg L.P. All Rights Reserved.
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