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To: Darren who wrote (57182)	6/4/1998 7:37:00 PM
From: Glenn D. Rudolph	Respond to of 186894

SIA: FOREIGN SHARE OF JAPAN'S '97 CHIP MKT UP TO ALL-TIME HIGH Futures World News - June 04, 1998 16:03 %STOCK %GOVERNMENT %FINANCIAL %CURRENCY %ECONOMY V%FWN P%FWN San Jose, Calif.-June 4-FWN--THE FOREIGN SHARE OF Japan's semiconductor market rose to an all-time high of 33.3% in 1997, eclipsing the 1996 average by nearly 6 percentage points, the Semiconductor Industry Association (SIA) reported today. The foreign share numbers, which show how well U.S. and other non-Japanese chip manufacturers are serving Japan's market, were announced today in Washington by United States Trade Representative Charlene Barshefsky and Secretary of Commerce William M. Daley. "This a tremendous success story for the U.S. semiconductor companies that made a commitment to do business in Japan," said SIA President George Scalise. "It also reflects the cooperative efforts that Japan has made to open its markets to foreign suppliers. Twelve years ago, the foreign share of Japan's market was 8.4%. Today we're above 32% and climbing." Foreign market share in Japan was 32.7% during the fourth quarter of 1997, a slight increase from the 32.1% figure recorded in the 3rd quarter. The second quarter saw an all-time, single-quarter record 35.8%. "The competitiveness of U.S. and other foreign semiconductor companies continues to improve in Japan despite cyclical changes in the global semiconductor economy," Scalise said. The market access monitoring program was initiated as a key component of the U.S.-Japan Semiconductor Trade Agreement in 1986. The bilateral trade pact was renewed in 1991 and broadened in 1996 to create the World Semiconductor Council (WSC). The WSC members represent chip companies from the U.S., Japan, Korea and Europe. "As Secretary Daley and U.S. Trade Representative Barshefsky noted today in their remarks, the U.S.-Japan semiconductor agreement is working," Scalise said. "Under the umbrella of the trade agreement, U.S. and Japanese companies have built strong relationships and user-supplier programs that benefit our industries and our ultimate customers--the consumers of the world." A significant part of the 6-point annual gain in foreign market share can be attributed to changes in the product mix. Microprocessors--a market segment dominated by U.S. companies--accounted for 6.3% of the Japanese semiconductor market in 1996. In 1997, the MPU market increased to 8.7% of Japan's $32 billion chip market.

To: Darren who wrote (57182)	6/4/1998 7:49:00 PM
From: Jeff Fox	Respond to of 186894

Darren, re: "fast track" You must remember that the law and the government use the geological time scale. Pace is measured against Continental drift. Jeff