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Technology Stocks : LSI Corporation
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To: Jock Hutchinson who wrote (14101)8/7/1998 10:11:00 AM
From: Moonray  Read Replies (1) of 25814
 
Chip slump continuing
C|NET - August 6, 1998, 5:05 p.m. PT

Global semiconductor sales continued their slump in
June, slipping over 14 percent from the same period
a year ago as regionalized economic disruptions
continued to drag down worldwide revenues.

Chip sales totaled $9.84 billion, which represents a
decline of 2.2 percent from May, according to
figures newly released by the San Jose,
California-based Semiconductor Industry
Association, (SIA). The consequences of Asia's
economic slowdown and a worldwide glut of
memory chips were again named by the SIA as the
primary culprits in the downturn.

news.com

o~~~ O
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