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 : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (9352)	4/5/2004 6:14:38 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Analysts clash over timing of NAND flash-memory glut By Mark LaPedus Silicon Strategies 04/05/2004, 5:40 PM ET LONDON--Contrary to a report issued by one analyst, the NAND-based flash memory market will continue to expand and will not move into an oversupply mode in 2005, according to investment banking firm JPMorgan. "I read your comments on NAND oversupply and disagree with some of your conclusions," said Uche Orji, an analyst with JPMorgan in London. "We expect the supply shortage to continue until the end 2005," Orji said in an e-mail to Silicon Strategies. Orji was referring to an article posted by Silicon Strategies on Friday, which stated that the NAND-based flash memory market would reach oversupply in 2005. The data was based on a report from RBC Capital Markets in San Francisco (see April 2 27 story). In a recent report, JPMorgan upgraded its forecast for flash, including both NOR and NAND. In total, the flash market is expected to grow 42 percent in 2004, up from its previous forecast of 22 percent, according to JPMorgan. In 2005, the overall market is expected to grow 23 percent, up from its previous forecast of 6 percent, according to the firm. NAND remains hottest market. "We expect the supply shortage to last throughout 2004 and into 2005, as long as the price curve shows a consistent decline of 30-40 percent annually," according to JPMorgan. In contrast, the NOR-based market is more seasonal and driven by cellular-phone demand. Intel Corp. is expected to expand its capacity of NOR devices, creating price weaknesses in the second half of 2004, according to the report.

To: Gottfried who wrote (9352)	4/6/2004 1:24:03 PM
From: Proud_Infidel	Respond to of 25522

Asia's 60% y-to-y growth boosted February chip market Peter Clarke 04/06/2004 11:40 AM EST SAN JOSE, Calif. -- The 'actual' worldwide chip sales in February 2004 were $15.78 billion, according to the Semiconductor Industry Association (SIA), higher than the $15.58 billion announced by the organization as a part of its Global Sales Report (GSR). The figure records the highest February sales ever and was driven to those heights by 60 percent year-on-year chip sales growth in the Asia Pacific region. Globally February 2004 sales were 39.2 percent ahead of sales in February 2003 and 60.7 percent ahead of February 2002. The year-to-date sales stand at $29.59 billion, up 32.8 percent compared with sales in the first two months of 2003, and showing that market growth accelerated in February. The SIA publicizes the three-month moving averages of monthly sales activity -- rather than the actual numbers. It calculates the averages to smooth variations due to companies' sales reporting calendars, which often make March, June, September and December five-week months thereby inflating those month's numbers. The Asia Pacific region's sales of $6.29 billion in February were 60.1 percent ahead of sales of $3.93 billion in February 2003. The Americas region also broke with a long-running trend and secured good growth although down on an average dragged high by the Asia-Pacific numbers. The Americas' region scored 33.2 percent as it moved to $3.01 billion in February 2004, up from $2.26 billion a year before. Japan dipped down to 27.6 percent year-on-year growth and achieved sales of $3.42 billion while Europe was left to bring up the rear with 23.5 percent growth and sales of $3.05 billion, still ahead of the Americas region in absolute terms.