Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

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Apr 12 5:00 PM EST

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To: tech101 who wrote (13150)	9/22/2003 2:42:08 PM
From: tech101	Read Replies (1) of 13565

JEITA Reports Rise in Japan Consumer Electronics Sales by Yoshiko Hara, EETimes Silicon Strategies 09/22/2003, 8:46 AM ET TOKYO -- Reporting on Japan's hi-tech industry's performance in the first half of this year acting chairman of JEITA Hajime Sasaki, who is chairman of the board of NEC Corporation, said that "digital consumer products did well and thereby bolstered the sale of electronic devices as well." According to JEITA (Japanese Electronics and Information Technology Industries Association) Japan's electronics industry production from January to June grew by 4.7 percent over last year. Earlier this year JEITA had made a projection of 3.6 percent growth for this year's total production. PDP and LCD TVs grew at over 30 percent, and DVD recorders sales were three times those for the same period last year. Production of electronic devices including semiconductors and LCD panels showed 11 percent growth, about 4 percent higher level than projections at the beginning of this year, according to JEITA. On the other hand, computers and related peripherals remain stagnant, down 16.4 percent from a year ago. "IT investment by companies has not yet started," said Sasaki. JEITA anticipates a positive prognosis for the rest of this year. "If the current tendency continues, we can expect bigger growth this year than initially expected," said Sasaki.

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