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Strategies & Market Trends : Angels of Alchemy

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To: Frederick Langford who wrote (24225)	1/22/2001 9:04:02 AM
From: ColtonGang	of 24256

GENEVA (CBS.MW) - STMicroelectronics could overtake Motorola as the world's sixth-largest chipmaker, according to a published report. ST is expected to report a jump in sales of 55 percent last year, more than doubling the 21 percent growth by Motorola's semiconductor unit, Bloomberg reported Sunday. The global chip market grew at a rate of 31 percent last year. Europe's biggest chipmaker is expected to report 2000 sales of $7.8 billion on Thursday, according to the average estimate of five analysts polled by Bloomberg. The company's focus on digital products allowed them to capitalize on the booming demand for chips coming from cellular phones and digital cameras, analysts suggested...................STMicroelectronics Announces Development Platform for ST120 Digital Signal Processor Core Aimed at system-on-chip performance evaluation, algorithm and application development, ST120 platform includes evaluation chip, development board and complete software development toolchain

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