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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 203.76

-1.1%

Nov 21 9:30 AM EST

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To: niceguy767 who wrote (199247)	5/29/2006 8:53:40 AM
From: pcyhuang	Read Replies (1) of 275872

Hi, Niceguy: You should not pay too much attention to the news reported by Digitimes, which often distort the news to emphasize the short-term movements of a group of stocks. I suggest that the following official news item to be more relevant about the actual IT situation in Taiwan. On May 29 the Central News Agency of Taiwan reports: The nation's information technology (IT) industry registered an output value of NT$146.7 billion (US$4.58 billion) in the first quarter of this year, expanding 45.9 percent against the same period last year, according to a report issued on Saturday by the Industrial Technology Research Institute (ITRI). The report also showed substantial growth in wireless communication products, earning a market value of NT$103.8 billion -- a 61 percent increase compared to the first quarter figure last year. The report was edited by ITRI's Industrial Economics and Know-ledge Center, which hired the Industry and Technology Intelligence Services to review the performance of Taiwan's IT industry. The center is sponsored by the Ministry of Economic Affairs. The nation's mobile phone manufacturers experienced a peak period in the first quarter, making 30.88 million cellphones, an ITRI official said -- a 118 percent increase from the same quarter last year. The official noted that in the second quarter of this year, cellphone output may climb as high as 39.18 million, with a market value of NT$81.46 billion. The official indicated that due to huge growth in the mobile phone industry -- which comprises 40 percent of the nation's total IT output value -- the institute expects continued strong growth in the IT industry in the second quarter. pcyhuang huangcapital.com

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