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 (13426)	6/1/2004 3:24:08 PM
From: tech101	Read Replies (1) of 13565

April's global chip sales up 36.7% year-over-year By Peter Clarke Silicon Strategies 06/01/2004, 10:00 AM ET SAN JOSE, Calif. -- The three-month average of worldwide semiconductor sales rose to $16.94 billion in April, a sequential increase of 4.1 percent from the $16.275 billion reported in March and a 36.7 percent increase from April 2003, the Semiconductor Industry Association (SIA) reported Tuesday (June 1). This exceeded analysts' expectations. Handelsbanken Capital Markets had underestimated the chip market growth having predicted a 35.3 percent year-on-year growth for the April three-month average last week. "Worldwide semiconductor sales in April reached the highest monthly level since July 2000," said SIA president George Scalise, in a statement. "Continued strong overall economic growth in the United States and China helped propel chip sales upward. The fundamentals are in place for strong growth through the remainder of the year, and it is likely that growth for 2004 will significantly surpass last fall's forecast of 19 percent growth." Indeed in Japan it was reported that WSTS, the organization on which SIA and other regional semiconductor industry bodies rely for statistics has revised its semiconductor market annual growth figure up to 28.4 percent for 2004 Strong sales of cell phones were a major contributor to increased chip sales, especially for digital signal processors (DSPs) which were up by 6.8 percent, application-specific standard products (ASSPs) for wireless which grew by 8.8 percent, and flash memory devices which rose by 3.2 percent, according to the SIA. Personal computer sales growth coupled with increasing memory content in each system helped to drive strong month-to-month growth of 10.3 percent in sales of dynamic random-access memories (DRAMs). Sales of image-sensing devices grew 7.6 percent sequentially on strong sales of digital still cameras and camera phones. In addition semiconductor sales were up sequentially in all geographic regions, with Asia-Pacific showing very strong growth of 6.6 percent over the immediate-prior month. siliconstrategies.com

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