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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?

To: Patriarch who wrote (4368)	4/5/1999 4:24:00 PM
From: Patriarch	Read Replies (1) \| Respond to of 6180

Texas Instruments holds onto top ranking April 5, 1999 03:11 PM SAN JOSE, Calif., April 5 (Reuters) - Texas Instruments Inc. held on to its title as the world's No. 1 analog chip maker in terms of revenue in 1998, GartnerGroup's market research firm Dataquest said Monday. With nearly $2.3 billion in revenue from analog semiconductors, Dallas-based Texas Instruments captured 10.8 percent of the market, up 3.4 percent from last year. Analog chips capture real-world information like sounds, heat and even earthquake rumbles and allow such data to be converted in to the digital format of ones and zeros computers recognize. Shares of Texas Instruments Monday were up 6-1/8 to 109-7/8 on the New York Stock Exchange, setting a new 52-week high and ranking within the top 20 percent gainers on the Big Board. Nipping at the heals of No. 1 was No. 2 Philips Electronics , which saw its share jump 12 percent to 9.1 percent of the market. Philips moved from its 1997 third-place spot and bumped STMicroelectronics NV , which lost 2.3 percent of its share and was ranked No. 3, with 8.8 percent of the 1998 market share. No. 6 ranked Siemens' market share jumped 19.7 percent to 6.7 percent of the market and made it the largest percent gainer of the top 10. Meanwhile, eighth-ranked Toshiba lost 21.6 percent of its share, capturing just 3.8 percent of the market and saw its revenues analog chip revenue fall from $1 billion to $800 million. Ninth ranked Sanyo saw its share fall by 10 percent to 3.6 percent of the market. Jim Liang, Dataquest analyst, said the worldwide economic turmoil took its toll on the analog market, which saw revenues fall 2.5 percent to $21.1 billion in 1998, its first yearly decline since 1987. Still, the analog market's suffering paled in comparison to the total semiconductor market, which was off 8.4 percent. Liang said Dataquest expects the analog market is well on its way to recovery. The top 10 analog chip makers in terms of revenue in 1998 were: Texas Instrument, Philips, STMicroelectronics N.V., Motorola, Siemens, National Semiconductor Corp. NSM , Analog Devices Inc. ADI , Toshiba, SANYO and Rohm. ((Ilaina Jonas, New York Newsdesk, 212-859-1610)) REUTERS