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

To: StanX Long who wrote (64305)	6/12/2002 12:01:25 AM
From: StanX Long	Read Replies (2) \| Respond to of 70976

Cell Phone Chip Revenue to be Flat in 2002, Researcher Says Online staff -- Electronic News, 6/11/2002 e-insite.net The market for cell phone components may be picking up, according to a recent report from research company In-Stat/MDR, although total revenue for cell phone chips is expected to be flat this year. Long-term prospects for growth are good, the Scottsdale, Ariz.-based research company said, with 2.5G and 3G systems already in operation. By 2006, handset semiconductor revenue is forecast to reach $20 billion, In-Stat said, as new subscriber growth continues and the more expensive components and features become available. While the research company believes the worst is over, there are still gluts of certain types of handsets and components. However, large reductions in production have helped reduce the oversupply, In-Stat/MDR said. (In-Stat/MDR is owned by Reed Business Information, the parent company of Electronic News.) "Despite a slow start this year, things seem to be improving as the economy and stock markets are starting to show some forms of life, and carriers worldwide are in the process of deploying GPRS and CDMA2000, prompting consumer interest in the next generation of handsets," said Allen Nogee, a senior analyst with In-Stat/MDR, in a statement.