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Politics : Formerly About Applied Materials

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Dec 1 3:59 PM EST

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To: StanX Long who wrote (61608)	3/7/2002 12:06:16 AM
From: StanX Long	Read Replies (1) of 70976

Sanyo's Chip Unit to Post Profit on Double-Digit Sales Growth By Keiko Kambara and Kyoko Suzuki quote.bloomberg.com Osaka, March 7 (Bloomberg) -- Sanyo Electric Co.'s semiconductor unit expects to post a profit on double-digit growth in sales in the year starting April buoyed by a rebound in chip orders. The unit of the world's biggest digital-camera maker is on the threshold of only breaking even in the year ending March 31 as chip sales may fall by as much as 15 percent on a lack of orders in October and November, said Tadahiko Tanaka, the unit's president, in an interview. ``The drop in orders has stopped since the new year,'' he said. The chip industry last year was hit by a slump in sales of the two main products that use semiconductors: mobile phones and personal computers. This year, PC shipments are forecast to rise 4 percent by researcher Dataquest Inc., and Nokia Oyj, the largest mobile-phone maker, estimates industrywide handset sales to rise as much as 16 percent to 440 million units.

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