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Last Update: 4:26 PM ET Nov 1, 2000: NewsWatch
Indications
ADR Report

Wednesday, November 01, 2000

SIA chip forecast positive
--4:26 pm - By Janet Haney
On a day when semiconductor stocks searched for positive movement,
the Semiconductor Industry Association, offered its upbeat growth
forecast for 2000 - 2003. The SIA reported Wednesday that worldwide
chip sales would grow by 37 percent to $205 billion in 2000, crossing
the $200 billion mark for the first time. In 2001, the SIA predicts
sales will increase by 22 percent to $249 billion. By 2003, global
semiconductor sales should reach $319 billion, the SIA said. The
industry trade association believes the need for communications chips
used for data networking, broadband, wireless and optoelectronics
will continue to help drive sales.

http://www2.marketwatch.com/pulse/pulseone.asp?dateid=36831.…
 
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