Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: THE WATSONYOUTH who wrote (21736)	12/6/2000 7:41:20 PM
From: milo_morai	Respond to of 275872

China rides electronics growth By Sunray Liu EE Times (12/06/00, 6:53 p.m. EST) MathSoft upgrades Mathcad software -------------------------------------------------------------------------------- U.S. automakers move to speed 42-V adoption -------------------------------------------------------------------------------- UMC files lawsuit in U.S. against former partner SiS -------------------------------------------------------------------------------- Startup's processors support multiple wireless protocols -------------------------------------------------------------------------------- BEIJING — As China's economy emerges from low growth, its electronics industry stands out by helping fuel economic growth with gains throughout 2000. The output value of the entire industry is expected to reach $110 billion this year, for a growth rate of nearly 25 percent over 1999. Other market forces, such as China's entry into the World Trade Organization and technological changes like adoption of broadband networks, are also expected to shape the industry over the next three years, industry watchers said. An official with the Ministry of Information Industries (MII) estimated that industry output, excluding color TV and video disk players, will maintain its rapid growth pace. IC and component sectors are expected to grow to 3.9 billion units and 250 billion units, respectively, for a growth rate of 50 percent this year. Along with joining WTO and construction of broadband networks, other forces at work here include a new stock market for high-tech enterprises and adoption of e-commerce. China's accession to WTO will be a significant event for the global electronics industry. Not only will foreign manufacturers benefit from more direct sales in China, but local companies will find opportunities in new operations like global procurement. Facing stiff competition from top global suppliers, local companies such as Huawei, ZTE, Legend, Changhong and Konka, which have been major importers of foreign chips and technologies, will be forced to expand their brands internationally in consumer electronic products, telecom equipment and personal computers. The market opening here also is driving China to create more non-tariff barriers before joining WTO. China must strengthen its intellectual property profile and technology standard system. The effort will become both an opportunity and a challenge for local and overseas companies. rest of article eet.com Milo