To: LemurHouse who wrote (30957 ) 6/10/1999 2:15:00 PM From: Duker Read Replies (1) | Respond to of 70976
Semiconductor Industry Association - Worldwide Semiconductor Sales Increase In April Industry Sales Up 7.3% from 1998 Thursday June 10, 1:17 pm Eastern Time Company Press Release SOURCE: Semiconductor Industry Association SAN JOSE, Calif., June 10 /PRNewswire/ -- Worldwide sales of semiconductors were $11.21 billion in April, up 7.3% from 1998 April totals, as reported by the Semiconductor Industry Association (SIA). ''This month's global sales numbers show the continuing growth of our industry,'' said George Scalise, SIA President. ''We are pleased to report that we are right in-line with our recently released forecast of industry sales for 1999.'' On June 8th, the SIA released its 1999 Mid-year Industry Forecast. The forecast predicted that the overall growth of the semiconductor industry is expected to continue to exceed the 1999 sales for the next three years. The Global Sales Report (GSR) showed slight increases in most markets from April 1998 to April 1999. Chip sales in the Americas improved 0.5 percent from last month and Japan sales increased 0.7 percent. The Asia Pacific market posted a 2.1 percent increase in sales from last year. Europe, however, resulted with sales decreasing -- 1.8 percent from last month. The SIA's Global Sales Report (GSR) is a three-month rolling average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, which represents 70 companies. A summary of the Global Sales Report follows. The SIA is the leading voice for the semiconductor industry and has represented U.S.-based manufacturers since 1977. SIA member companies comprise more than 90 percent of US based semiconductor production. Collectively, the chip industry employs a domestic workforce of 276,000 people.