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 (15347)	7/6/2005 12:09:45 PM
From: Proud_Infidel	Respond to of 25522

Lenovo to enter top-ten 2005 chip buyer ranks, says iSuppli Peter Clarke EE Times (07/06/2005 11:21 AM EDT) LONDON — A Chinese company, Lenovo Group, is set to enter the ranks of the world's top OEM buyers of semiconductors for the first time in 2005, according to iSuppli Corp., a market research company. Lenovo Group, which acquired the PC operations of IBM, is predicted to become the world's ninth-largest OEM semiconductor buyer in 2005, with chip purchases amounting to $4.3 billion for the year. Due to the addition of IBM's PC business Lenovo's semiconductor purchases are expected to increase by more than a factor of four from about $1 billion in 2004. Lenovo is set to rise from 36th position to 9th position, iSuppli (El Segundo, Calif.) said. IBM is expected to fall to 16th place in 2005, down from ninth place in 2004. Hewlett-Packard Company is expected to be world's biggest purchaser of chips with Dell Inc. second and Nokia in third place. Hewlett-Packard's semiconductor spending is predicted to rise to $13.7 billion in 2005, up 9.7 percent from $12.5 billion in 2004 — the second-largest increase among the top-10 OEM chip buyers. Dell's spending will rise to $12.5 billion, up 15.9 percent from $10.7 billion in 2004; the largest increase among the top 10, iSuppli said. Dell and Hewlett-Packard are expected to exceed the industry average of a 6.8 percent increase in OEM chip purchasing in 2005. Besides Lenovo, other top-10 OEMs expected to grow their chip purchasing in 2005 by a faster-than-average rate include Motorola Inc. and Samsung Electronics Co. Ltd.