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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

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To: Zeev Hed who wrote (3417)	6/2/1998 10:11:00 PM
From: Scotsman	Read Replies (1) of 4697

Well, while I'm at it. Japan body says sees '98 chip market of $145.5 bln TOKYO, June 2 (Reuters) - The Electronic Industries Association of Japan (EIAJ) forecast on Tuesday that the worldwide semiconductor market would grow six percent in calendar 1998 to $145.5 billion. ''The recovery is slow due to the Asian economic crisis and a sluggish Japanese economy,'' the association said in a report. The market expanded 4.0 percent in 1997 after negative growth of 8.6 percent in 1996, the association said. It said its expects the Japanese semiconductor market to grow by 3.5 percent to $33.2 billion this year. The worldwide market for Dynamic Random Access Memory chips (DRAMs), meanwhile, would drop 13 percent to $17.2 billion. However a recovery should begin in 1999, the association said. ''We expect the average DRAM capacity to increase to 58 MB (megabytes), including add-on boards in 1998, compared to 36 MB in 1997. In 2001 that amount will grow to 104 MB,'' the report said. biz.yahoo.com

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