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Politics : Formerly About Applied Materials

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To: Paul V. who wrote (27897)	1/27/1999 4:49:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

eet.com U.S. forecasts chip growth By George Leopold EE Times (01/27/99, 1:32 p.m. EDT) WASHINGTON — The U.S. semiconductor industry will grow at a healthy 10.2 percent in 1999, according to a government forecast released Tuesday (Jan. 26). The Commerce Department's annual "U.S. Industry & Trade Outlook '99" forecast that semiconductor manufacturing would contribute to the projected overall growth of the U.S. information technology industry. The IT industry, which is projected to grow by 8 percent this year, is widely credited with sustaining the longest peacetime economic expansion in post-war history. Other IT sectors forecast to expand in 1999 include computers and peripherals (8.7 percent), printed-circuit boards (14 percent), telecommunications equipment (6.9 percent) and consumer electronics (10 percent). Fueling demand for these products, Commerce said, is the "far-reaching relevance" of electronic commerce.

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