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

To: matt dillabough who wrote (16939)	12/22/2005 12:08:09 PM
From: Proud_Infidel	Respond to of 25522

Japan's electronics production dipped in 2005 Yoshiko Hara EE Times (12/22/2005 9:45 AM EST) TOKYO — Domestic production for Japan's electronics industry is expected to drop this year for the first time since 2002, but will rise 2.3 percent in 2006, according to the Japan Electronics and Information Technology Industries Association (Jeita). Jeita had earlier been bullish about 2005 production, projecting total production of $179.3 billion, about $5 billion above 2004. Jeita said actual 2004 totals were $6.2 billion below the estimate, with this year's production estimated to be worse than the year before. The inventory adjustment during the second half of 2004 lasted until mid-2005, thus limiting production to $161.4 billion, according to Tadashi Okamura, chairman of Toshiba and acting Jeita chairman. Though 2006 is expected to show an upward trend, forecast production is still below 2004 results. Digital consumer electronics, particularly flat-panel TVs and car navigation systems, sold briskly in 2005 and are expected to continue strong into next year. Japanese manufacturers expect two big events, the World Cup soccer tournament and the 2006 Winter Olympics in Turin, Italy, to spur additional electronics industry growth. The decline in electronics manufacturing in Japan parallels slippage in the Japanese semiconductor industry during 2005.