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

To: Proud_Infidel who wrote (41170)	12/27/2000 9:13:19 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Japan electronics production to grow 7.1% in 2001, says group By Yoshiko Hara EE Times (12/27/00 18:53 p.m. EST) TOKYO -- Electronics production in Japan will hit a record high this year and will continue to grow by 7.1% next year, according to projections by the Japan Electronics and Information Technology Industries Association (Jeita). Jeita estimated that total electronics production in Japan, including consumer electronics, industrial electronics and general-purpose devices and components will reach about $231.4 billion this year, up 10.1% from last year. This will slightly surpass the past peak of about $231 billion in 1997. The growth this year is mainly due to the large increase in semiconductors and display devices, which account for 45% of the total electronics production and which have grown 16.8% from 1999. Jeita predicts that in 2001 the growth rate will be less than this year, but production will still increase by 7.1% to $248 billion. Fastest growth areas will include information technology (IT) related products and digital consumer electronics. Production of semiconductors and LCD panels is expected to show continuous two-digit growth. In November and December 2000 manufacturers have reported some negative trends in orders, but Hiroshi Tsukamoto, president of Jeita, remarked, "in a sense, the growth until autumn this year was too much." He said that currently the industry is in an adjustment phase and is headed toward a brisk turnaround again next spring, "supported by a steady demand especially from the IT arena and cellular phones." In another survey, Jeita projected that the world cellular phone market will grow to 453 million units in 2001, up 19% from this year's 380 million units. Jeita is the combined organization of the former Electronic Industries Association of Japan and the Japan Electronic Industry Development Association.