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

To: StanX Long who wrote (61491)	3/6/2002 3:29:31 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Worldwide Chip Sales at $10B for January, SIA Says Online staff -- Electronic News, 3/5/2002 e-insite.net Worldwide sales of semiconductors fell to $10 billion in January, according to the Semiconductor Industry Association (SIA). Sales decreased 1.7 percent from about $10.2 billion in December 2001. The San Jose-based SIA said the decline was seasonal and to be expected, with January being typically sluggish after strong Christmas sales of personal computers and consumer electronics. "For the past decade, with the exception of the year 2000, sales have been slightly lower in January because of the semiconductor industry’s historical seasonality," said George Scalise, SIA president, in a statement. "We expect to see the industry record slow growth for the first quarter of 2002, with sales rising to double-digit growth in the second half of the year." Sales remained essentially flat in the Americas market for January from December, falling only 0.1 percent, according to the SIA, which uses a three-month moving average for monthly revenue figures. Europe and Japan saw declines of 3.1 percent and 5.4 percent, respectively. The world’s largest market, the Asia Pacific region, was the only area to see sales increase in January, growing 0.4 percent over the previous month. "A number of growth trends in the Asia Pacific market are positive due to continued outsourcing to contract manufacturers located in the region," Scalise said. "We also are encouraged by the continued rise in prices from the lows recorded early in the fourth quarter in the DRAM market. The growth in microprocessor sales is another indicator of the ongoing strength in the PC market."