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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?

To: Mario who wrote (9847)	5/26/1999 9:05:00 AM
From: Peter S. Maroulis	Respond to of 13565

May 25, 1999 Chip Industry Could Bounce Back By REUTERS TOKYO -- The worldwide semiconductor market will recover in 1999 from setbacks last year, helped by more demand for personal computers as well as equipment for telecommunications and digital consumer products, a research organization predicted Monday, Dataquest, a unit of Gartner Group, forecast that worldwide semiconductor shipments will grow 12.6 percent in 1999 to $153.3 billion after contracting 7.5 percent last year to $136.2 billion. Shipments of dynamic random access memory chips alone will increase 28 percent this year to $19.6 billion after declining 26 percent last year to $15.3 billion, it said. "The Asian market is recovering, and the price erosion won't be as bad as last year; at least that's our assumption," said Yoshihiro Shimada, director of the Japanese semiconductor group at Dataquest. But, he added, "if the crrent erosion continues into the fourth quarter of this year, we will probably have to bring our numbers down," noting that the contract price for 64-megabit D-RAM's has dropped to less than $7 from around $10 in the middle of February. Over the long term, semiconductor makers will enjoy an expanding market for their products, Dataquest said. It forecast that in 2000, worldwide consumption of semiconductors, as measured by shipments, will grow 17 percent to $179.3 billion, followed by 22 percent growth in 2001 to $218 billion, 5.9 percent growth in 2002 to $231 billion and 5.6 percent growth in 2003 to $244 billion.