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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Ram Seetharaman who wrote (4848)4/26/1999 11:19:00 AM
From: DJBEINO  Read Replies (1) of 9582
 
S'pore semiconductor industry seen in Q2 recovery
SINGAPORE, April 26 (Reuters) - Singapore's semiconductor market will start a recovery form the second quarter of this year, an analyst for research firm Dataquest said on Monday.

Semiconductor consumption was expected to jump to US$9.1 billion in 2002 from US$5.0 billion in 1997, Ken Ng, industry analyst for Dataquest's Asia Pacific semiconductor group, said at a semiconductor seminar in Singapore.

Dataquest is a unit of U.S. computer information specialist Gartner Group Inc (IT - news).

''Data processing and communications will still take up the highest share,'' Ng said.

Data processing accounted for 80 percent of Singapore's semiconductor consumption in 1997 while communications took 13 percent.

They would account for 81 percent and 15 percent of the 2002 consumption respectively, Ng said.

Ng was upbeat over the 2000 outlook in the Asia Pacific region, expecting a balance in semiconductor demand and supply in the second quarter and a possible dynamic random-access memory (DRAM) shortage.

Foundry oversupply was likely to continue until the first quarter of 2000 but long-term prospects were good, he said.

''DRAM suppliers can expect to return to profits,'' he said.

biz.yahoo.com
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