Anything having to do with Semi's got kiled last year. I still think the industry is oversold. Things are turning around the vendors who supply the industry should be the first to see the upturn.
FYI:
New IC Insights Report Demolishes Myth of Seasonal Upturn in Chip Demand
August/September Month-to-month chip sales increase 87% stronger than previous 8 year's seasonal uptick average according to IC Insights, Inc.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 3,1998--IC Insights released a new report, ''The Semiconductor Market Recovery'' that show nonclusive evidence that the semiconductor market has emerged from a 3 year slump and is poised for the next boom period.
Worldwide semiconductor sales formed a bottom as of July, 1998, and since then, semiconductor sales have steadily increased for two consecutive months.
On a monthly basis, worldwide semiconductor sales exceeded $12 billion in September, making it the best month since chip sales fell to a low of $8.95 billion in July and the best month since September, 1997.
Using a 3 month moving average sales for September are:
Worldwide Semiconductor Sales
------------ ---------- -------- ------- -------- -------------------
Month Worldwide Americas Europe Japan Asia / Pacific
------------ ---------- -------- ------- -------- -------------------
------------ ---------- -------- ------- -------- -------------------
Aug. 1998 $9.82b 3.31 2.24 2.004 2.26
------------ ---------- -------- ------- -------- -------------------
------------ ---------- -------- ------- -------- -------------------
Sept. 1998 $10.24b 3.49 2.37 2.03 2.36
------------ ---------- -------- ------- -------- -------------------
While the sales increase from $9.82b in August to $10.24b in September appears to be small at 4.3%, it is a substantial increase at an annualized rate.
The sales increase for August/September 1998 is the strongest August/September month-to-month sales increase in the 1990's. The 1998 August/September sales increase is 87% higher than the average ''seasonal upturn''.
Historical Percentage Increases in Semiconductor
Sales For August/September
----- ----- ----- ----- ----- ----- ----- ----- ----------- ---------
1990 1991 1992 1993 1994 1995 1996 1997 Avg. 90-97 1998
----- ----- ----- ----- ----- ----- ----- ----- ----------- ---------
----- ----- ----- ----- ----- ----- ----- ----- ----------- ---------
2.4% 1.3 3.7 3.0 3.4 .7 2.2 1.6 2.3 4.3
----- ----- ----- ----- ----- ----- ----- ----- ----------- ---------
Bill McClean, President of IC Insights observes, ''The IC industry is currently in the embryonic stage of the next boom period.''
IC Insights anticipates that the Y2K problem will have a positive impact on electronic equipment sales beginning next year. Y2K mandated purchases can result in electronic equipment and semiconductor sales increases for the year 2000 and 2001 leading to what Dr. Edward Yardeni calls the Y2K ''technology boom''.
The semiconductor market recovery affects companies like Micron (NYSE:MU - news), Intel (Nasdaq:INTC - news), IBM (NYSE:IBM - news), Motorola (NYSE:MOT - news), Texas Instruments (NYSE:TXN - news), AMD (NYSE:AMD - news), Lucent (NYSE:LU - news), National (NYSE:NSM - news), LSI Logic (NYSE:LSI - news), Rockwell (NYSE:ROK - news), NEC (Nasdaq:NIPNY - news), Toshiba, Fujitsu (J.FUT)(FJTSY), Sharp (J.SRP)(SHCAY), Sony (J.SNY)(NYSE:SNE - news), Matsushita (J.MET) (NYSE:MC - news), Sanyo (J.SYE) (NYSE:SANNY - news), Hitachi (J.HIE), Oki (J.OKI), Siemens (G.SIE) (SMANY), Samsung (Q.SSE), TSMC (Q.TSC)(NYSE:TSM - news), UMC (Q.UME), Hyundai (Q.HEL), LG Semicon (Q.LGS).
A full copy of the report, ''The Semiconductor Market Recovery'' is available from IC Insights for $295.
For additional information or to order a copy of the report, contact: Bill McClean, President, IC Insights, 602-348-1133 bill@icinsights.com Visit our site at: www.icinsights.com
--------------------------------------------------------------------------------
Contact:
IC Insights, Inc.
Bill McClean, 602/348-1133
bill@icinsights.com
----------------------------------------------------------------------
biz.yahoo.com
|
