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Technology Stocks : C-Cube
CUBE 35.63-0.6%1:36 PM EST

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To: John Rieman who wrote (33719)6/9/1998 11:16:00 PM
From: BillyG  Read Replies (1) of 50808
 
Asian chip sales up 4.1% in April, offsetting declines in the U.S. and elsewhere..........

Asian chip sales up in April;
overall sales down slightly

By Will Wade

SAN JOSE -- The Asian chip industry is beginning
to show signs of recovery after sales in the region
grew 4.1 % in April, according to the
Semiconductor Industry Association's latest global
sales report. The survey, released here today, says
that sales in Asia helped to offset declines in the
rest of the world, with total consumption dipping
0.5% from March.

"With a second consecutive month of increased
sales in Asia-Pacific, we're seeing the beginnings of
a recovery in that marketplace," said Doug
Andrey, SIA's director of information systems and
finance. "We are expecting all markets to gain
momentum in the third quarter."

The Americas showed the steepest decline from
the previous month, with a 2% fall in April. Japan
dropped 1.8% and Europe fell 1.5%. The total
chip market declined slightly to $10.39 billion.

As reported in the SIA's annual semiconductor
sales forecast (see June 3 story ), the Internet is
proving to be a strong technology driver, leading to
higher sales of PCs and networking systems.
Digital signal processing is also a hot technology,
appearing in nearly the entire spectrum of
electronic devices. DSP sales were up 33.6% last
year and are expected to grow another 23% this
year. elsewhere............

More..............
pubs.cmpnet.com
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