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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Hay who wrote (3819)7/8/1998 2:05:00 AM
From: Clarksterh  Read Replies (1) | Respond to of 6565
 
Excerpt from an interview with TI's CEO:

Tuesday July 7, 5:37 pm Eastern Time
INTERVIEW-TI sees 1998 chip market shrinking
By Kieran Murray
DALLAS, July 7 (Reuters) :

He said figures from the end of March or April showed the DSP market, which TI dominates with a share of about 45 percent, growing at an annual rate of 22 percent.

''It is less than 30 percent so far this year but in a market where the rest of total semiconductor business - with and without memory - is negative, 22 percent is not bad,'' Engibous said in the interview at TI's headquarters in Dallas.

He said the so-called ''mass market'' for standard DSPs and demand from cellular telephone customers remain ''very strong'' but that sales to disk drive and modem manufacturers have been hit by weak markets for those products.


For the whole article see:

exchange2000.com

This worries me since it seems to imply that VLSI is losing market share. Alternatively it could be that he was refering to a different segment (e.g. infrastructure) or a different company (e.g. Nokia). Hope it is the one of the latter, not the former.

Clark