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Technology Stocks : Semi Equipment Analysis
SOXX 296.26-3.9%4:00 PM EST

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To: Donald Wennerstrom who wrote (15508)6/2/2004 12:24:38 PM
From: Donald Wennerstrom  Read Replies (1) of 95353
 
Global semiconductor industry expected to post robust 2004 sales growth

<<Wednesday, June 02, 2004 8:39:15 AM ET
DZ BANK

LONDON, June 2 (New Ratings) – Analysts at DZ Bank maintain their positive stance on the global semiconductor industry.

In a research note published this morning, the analysts mention that the Industrial Association World Semiconductor Trade Statistics forecasts a 28.4% increase in sales in the global semiconductor industry this year. The association had earlier projected 19% growth for the industry, the analysts add. The robust performance is expected to be driven by the continuous increase in the demand for chips for mobile telephones, PCs and entertainment electronics products, according to DZ Bank. The association indicates a decline in growth momentum in global semiconductor sales in 2006, the analysts add.>>
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