So far in this third millennium, the volatile chip industry is off to a great
start. The boom in semiconductor demand has resulted in a 33.4 per cent rise in
global sales during the first two months of 2000, and shipments in February
reached $14.56 billion, up from $10.92 billion, according to the Semiconductor
Industry Association. In the Asia Pacific and Japanese markets, sales grew at
45.4 per cent and 42.5 per cent, respectively from last year. The American
market was up 24.7 per cent from last year. Europe's sales grew at 25.1 per
cent.
"The year-to-year growth of semiconductor sales indicates a strong 2000
for the chip industry," said SIA President, George Scalise. "We expect
this year to be another good year for our industry and the continued expansion
of communications networks and the Internet will provide broad product growth
for all chip sectors including Digital Signal Processors (DSP), Standard Cell,
DRAMs, microprocessors, Flash and telecom."