Semiconductor sales ready to surge
Worldwide semiconductor sales will grow at double-digit rates over the next three years as manufacturers find new uses for them beyond the personal computer, concludes a new report from Dataquest, a unit of the Gartner Group.
Electronics manufacturers are putting semiconductors in cellular phones, game consoles, cameras, set-top boxes, handheld electronic organisers and other devices, the report says.
There have been continuing shortages of high-end processors and memory chips.
Worldwide, revenue from semiconductor sales are expected to jump 37 percent this year over 1999 - to $231.6 billion.
Prices for semiconductors will remain high through 2001, say analysts, when new factories will be coming on line.
Source: Associated Press, Study: Semiconductor Sales Set to Skyrocket," USA Today, October 9, 2000.
For more on Technology http://www.ncpa.org/pd/economy/econ9.html
Publish date: 17 October 2000
Views: 430
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation. This article may be republished without prior consent but with acknowledgement to the author.