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To: greenspirit who wrote (76406)	3/16/1999 1:38:00 AM
From: greenspirit	Respond to of 186894

Article...Chip Sales Hit Second-Highest January Total... (03/15/99, 6:13 p.m. ET) Semiconductor Business News The worldwide semiconductor market continued to show signs of steady recovery in January with chip sales rising 1.2 percent to $11.10 billion, compared to $10.97 billion in the same month last year, according to the Semiconductor Industry Association in San Jose, Calif., Monday. Sales growth was the strongest in the Asia-Pacific region, but chip demand fell by 2.7 percent in the Americas, based on SIA's three-month moving average. The SIA global sales report shows worldwide chip sales at their second-highest total for January in nearly a decade. The trade group said January was the first month in nearly a year that sales were higher than they were a year ago. "The Asia Pacific market continues to show signs of recovery," said George Scalise, SIA president. "Economic reforms brought on by the financial crisis are taking effect. January's sales reflect a continuation of the strength in semiconductor sales that began to emerge in the fourth quarter of 1998." Semiconductor sales grew in Asia Pacific 9.1 percent to $2.632 billion in January vs. $2.413 billion in the same month a year ago. Europe's semiconductor revenues was up 2.8 percent to $2.513 billion compared to $2.584 billion in January 1997, said the monthly sales report. In the Americas, semiconductor sales fell 2.7 percent to $3.588 billion compared to $3.688 billion in January 1997. Japan's chip sales was 2.5 percent lower in January at $2.294 vs. $2.352 billion a year ago, based on the three-month moving average.