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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Jim Oravetz who wrote (8538)	9/5/2000 6:40:37 AM
From: 2MAR$	Respond to of 10921

Worldwide Semiconductor Sales Reach Record High of $17.32 Billion in July 2000 -- Over 50% Growth in Year-to-Year Chip Sales Business Editors/High-Tech Writers SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 5, 2000--Worldwide sales of semiconductors reached an all-time record high of $17.3 billion in July 2000, increasing from $11.5 billion in July 1999, a 50% year-over-year growth in chip sales, the Semiconductor Industry Association (SIA) reported today. "July's record-breaking numbers are a telling reminder that semiconductors play a critical role in many hot growth industries," said George Scalise, president of the SIA. "These sales reflect the fact that semiconductors are being used in ever more interesting, exciting and useful ways," he added. "Semiconductors are now being used in applications from optical networks to video games." Semiconductor sales were strong in all geographical regions due to growth in demand for Internet infrastructure and wireless communications. The Asia Pacific and Japan markets grew 57.3% and 52.0%, respectively from last year. The Americas market was up 46.1% from last year, and Europe's sales grew 46.5%. The SIA's Global Sales Report (GSR) is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, which represent some 70 companies. The three-month moving average is a mathematical smoothing technique that takes out variations due to company's monthly financial calendars. "Once we tally sales in the final four months of 2000, we are confident the industry will reach our forecast of 31% growth this year," commented Scalise. From its beginning in the 1950s, the semiconductor industry has been characterized by a four year cycle which has been sporadically modified by unexpected economic factors. The semiconductor industry has been led by a 17% compound annual growth rate (CAGR) for the past forty years. About the SIA 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 U.S.-based semiconductor production. Collectively, the chip industry employs a domestic workforce of 284,000 people. More information about the SIA and charts reflecting the July numbers can be found at www.semichips.org. -0- T July 2000 Billions Month-to-Month Sales Market Last Month Current Month % Change Americas 5.23 5.52 5.4% Europe 3.45 3.45 0.0% Japan 3.71 3.89 5.0% Asia Pacific 4.26 4.46 4.7% Total 16.65 17.32 4.0% Year-to-Year Sales Market Last Year Current Month % Change Americas 3.78 5.52 46.1% Europe 2.35 3.45 46.5% Japan 2.56 3.89 52.0% Asia Pacific 2.83 4.46 57.3% Total 11.53 17.32 50.3% Three-Month-Moving Average Sales Market Last 3 Months Current 3 Months % Change Americas 4.58 5.52 20.6% Europe 3.32 3.45 3.8% Japan 3.43 3.89 13.6% Asia Pacific 3.89 4.46 14.7% Total 15.21 17.32 13.9% T --30--nj/sf* CONTACT: Semiconductor Industry Association Molly Marr, 408/436-6600 mmarr_sia@attglobal.net Doug Andrey, 408/436-6600 dandrey_sia@attglobal.net or VCPR, inc. Lisa Kelaita, 650/340-6766 lkelaita@vcpr.com Denny Brisley, 650/340-6766 dbrisley@vcpr.com KEYWORD: CALIFORNIA JAPAN INTERNATIONAL ASIA PACIFIC EUROPE INDUSTRY KEYWORD: NETWORKING HARDWARE MANUFACTURING INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *