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


To: etchmeister who wrote (11643)10/7/2004 9:23:54 AM
From: Proud_Infidel  Respond to of 25522
 
UMC defies slowdown signs in soaring September sales
By Peter Clarke
Silicon Strategies
10/07/2004, 8:13 AM ET

LONDON — Foundry chip maker United Microelectronics Corp. confounded the idea that an inventory correction, or any form of slowdown, is taking hold in its sector by demonstrating accelerating growth in its September sales figures, which it reported Thursday (Oct. 7). As a result the company's sales for the year-to-date were dragged upwards and are now running at close to 50 percent higher than they were in the same period in 2003.

UMC reported that September sales revenue was NT$11.86 billion (about US$350 million), up 57.7 percent on the same month in 2003 and up 3.0 percent on August 2004 sales of NT$11.51 billion (about US$340 million). In the first nine months of 2004 UMC's sales were NT$89.08 billion (about $2.64 billion) up 45.7 percent compared with the same period in 2003, the company said.

As is normal for UMC, the company provided no commentary on its sales figures.



To: etchmeister who wrote (11643)10/7/2004 3:26:10 PM
From: Proud_Infidel  Respond to of 25522
 
Component orders down in September, says ECA
By Spencer Chin
EE Times
10/07/2004, 11:17 AM ET

MANHASSET, N.Y. — The monthly electronic component order index compiled by the Electronic Components, Assemblies & Materials Association (ECA) dipped in September, confirming an onslaught of reports from various suppliers indicating an industry slowdown.

The index, compiled through order data from the Association's member companies, fell after posting a sharp rise in August. The index's year-to-date average remains 10 percent above the average week for 2003.

"We've been riding a roller coaster over the last four months-- up in June, flat in July, up again in August and now down in September," said Bob Willis, ECA president, in a statement. "This is the first time this year that the monthly index has been down compared to the same month last year. Any trends for the rest of this year and early 2005 probably won't be evident until six weeks into the fourth quarter."