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To: DJBEINO who wrote (40841)	11/12/1998 12:20:00 PM
From: Greg Jung	Read Replies (2) \| Respond to of 53903

October 29, 1997 GLOBAL CHIP MARKET TO GROW NEARLY 17 % IN 1998; TOTAL SALES SHOULD EXCEED $232 BILLION IN 2000 SAN JOSE --- The gradual growth of the global chip market in 1997 should give way to robust growth in 1998 as semiconductor sales increase 16.8 percent to $162.6 billion. Double-digit growth will continue in 1999 and 2000, with sales surpassing the $232 billion mark by the beginning of the new century, the Semiconductor Industry Association announced today. "This year can be characterized by one word --- recovery --- and 1998 should be even better for the semiconductor industry," said SIA President George Scalise. "We are confident, based upon the world's fascination with electronic products, that our industry's historical, double-digit growth rates will resurface in 1998, 1999 and the year 2000." This from the same people that gave you: 11-13-98 Global Memory Chip Market Shows Growing Signs of Recovery