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To: DJBEINO who wrote (3939)	9/10/1998 3:34:00 PM
From: DJBEINO	Respond to of 9582

High-tech exports remain strong, despite Asia By Robert Lemos, ZDNN September 10, 1998 11:32 AM PT Electronics exports for the first six months of 1998 remained strong despite retreats in many Asian markets, said the American Electronics Association on Thursday. While total exports to the Asia-Pacific region declined 12 percent, exports to other regions buoyed the worldwide total, resulting in an overall retreat of less than 0.38 percent. "U.S. high-tech exports to Asia have suffered considerably," said William T. Archey, president and CEO of the AEA, in a statement. "However, increased exports to trading partners like Canada, Mexico and the European Union have helped offset losses to Asia." Data released by the industry association pegged total exports of computers, semiconductors and consumer electronics at $82.0 billion for the January-to-June period. Asian markets were hardest hit. U.S. high-tech exports were down 64 percent to Indonesia, 37 percent to South Korea, 26 percent to Thailand and 14 percent to Japan, according to the AEA report. Retreat offset by other markets A notable exception to the trend was China, where U.S. exports of electronics grew 50 percent, or an additional $500 million. The general retreat was offset by greater demand in the United States' other markets. Exports to Mexico were up 16 percent, an increase of $1.2 billion; while sales to the European Union grew 5 percent, or $1 billion. The AEA is an industry trade group with more than 3,000 members. zdnet.com