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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (39085)	11/2/2000 6:08:54 PM
From: Proud_Infidel	Respond to of 70976

Global Chip Sales $18.4 Billion in September THURSDAY, NOVEMBER 2, 2000 4:24:00 PM EST SAN JOSE, Calif. (Reuters) - Worldwide sales of semiconductors rose 45 percent to a record $18.4 billion in September, spurred by demand for telecommunications and consumer products and the rapid growth of the Internet, according to the Semiconductor Industry Association. That was an increase from $12.7 billion in September 1999, the SIA said in a news release. The group said that the industry remains on track to register 37 percent growth in 2000 to $205 billion. ``Demand remains robust for chips used in the Internet and in telecommunications and consumer products,'' said George Scalise, president of the SIA. The increase came in all geographical regions, with the wired, wireless and Internet infrastructure markets experiencing the greatest growth in demand, the SIA said. The Japanese market grew 51.2 percent and the Asia-Pacific market 46.6 percent. The Americas market rose 46.2 percent and the European market 35.9 percent, the SIA said. The SIA's Global Sales Report is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, which represents about 70 companies. The moving average is a mathematical smoothing technique that mitigates variations due to companies' monthly financial calendars. Reut16:24 11-02-00