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To: tech101 who wrote (434)	11/12/1999 2:02:00 PM
From: tech101	Respond to of 1056

Cellular Handset Forecast Just Keeps Climbing Semiconductor Business News (11/12/99, 12:19:06 PM EDT) DALLAS -- The cellular telephone craze continues to astonish the industry. Worldwide handset shipments could end up exceeding 250 million units this year--more than 20 million systems higher than Dataquest's current forecast of 230 million phones, said a senior analyst from the market research firm during a briefing for Dallas-area chip managers Thursday night. Officially, Dataquest is calling for a compound annual growth rate of 26% in cellular and PCS phone shipments between 1999 and 2003, when handset units will reach 550 million worldwide. Intense competition between IC makers will hold down average selling prices for semiconductors in the segment, said analyst Joe Grenier, vice president in Dataquest's Semiconductor Group. The San Jose-based analyst said cellular phone chip revenues are expected to grow by 16% in the next four years. But now Dataquest analysts think the current forecast might be a little low. "Unit volumes could end up being 250-to-270 million in 1999, growing to 600 million in 2003," Grenier told the forecast dinner sponsored by Semiconductor Equipment and Materials International (SEMI). --J. Robert Lineback