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To: Duker who wrote (3289)9/2/1999 2:08:00 PM
From: Duker  Read Replies (2) | Respond to of 5867
 
July's surprise: chip sales surge after soft start to summer

semibiznews.com

A service of Semiconductor Business News, CMP Media Inc.
Story posted 1:30 p.m. EST/10:30 a.m., PST, 9/2/99

By J. Robert Lineback

SAN JOSE--After stalling out in June, worldwide chip sales apparently surged in July, growing 2.9% to $11.55 billion compared to $11.22 billion in the previous month, based on a revenues report from the Semiconductor Industry Association here today. July's month-to-month increase was the strongest this year following a slowing of sales growth in the second quarter.

When compared to a year ago, July's sales were 19.3% higher than $9.68 billion in July 1998--which was just about at the lowest point in last year's industry recession. "July's global sales continued the robust growth that began in mid-1998," observed George Scalise, president of the SIA, which bases its monthly billings report on a three-month moving average.

Compared to June, chip sales in July were up in all regions with Japan registering the strongest gains--4.2% to $2.56 billion vs. $2.46 in June, said the SIA. Europe resumed sales growth in July with an increase of 1.4% to $2.36 billion compared to $2.32 billion in June following a decline of 2.8% in the last billings report (see Aug. 5 story).

The contrast between July 1998 and July 1999 was strongest in the Asian Pacific region and Japan, said the SIA. Semiconductor sales grew 29.2% in the Asia Pacific region to $2.83 billion compared to $2.19 billion in July 1998, while chip revenues in Japan were up 24.8% to $2.56 billion vs. $2.05 billion a year ago.

Chip sales in the Americas were up 18.0% to $3.79 billion in July vs. $3.22 billion in the month last year, and revenues in Europe rose 6.3% to $2.36 billion compared to $2.22 billion in July 1998, according to the SIA billings report.



To: Duker who wrote (3289)9/7/1999 9:29:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 5867
 
Duker,
From the Best Buy report:
``Sales of digital products, such as DVD, satellite systems, cameras and camcorders, as well as music and movies, led to Best Buy's seventh consecutive quarter of double-digit comparable store sales gains,

I recently "took the plunge" and ordered a digital camera. After I placed the order however, I found that they are all on backorder and I have no idea when I will finally get it:-((

The downside to a high demand for chips is my immediate gratification is not met! Oh well, a few more days like today for our Lammie and I'll be over it:-))

BK