Exact(8)
And a semiconductor trade agreement helped pry open the Japanese market.
In the last two weeks, however, the semiconductor trade association and other analysts have predicted almost a 20percentt increase in demand for chips next year.
A report issued yesterday by a semiconductor trade group confirmed what first-quarter earnings announcements by chip makers had already suggested: March sales were dismal.
The nation's leading semiconductor trade group said Wednesday that chip sales this year would set a record as the economy improves and demand for personal computers and cellphones continues to climb.
But the semiconductor trade group added that its forecast through 2006 reflected "the new realities of the semiconductor industry," with expectations of average yearly growth of 8to10percentent.
On only one occasion--in the mid-1980s, when the memory-chip industry was overrun by suspiciously cheap imports from Japan--has Silicon Valley gone to Washington for help; many in the valley still view the resulting Semiconductor Trade Agreement with shame.
Similar(52)
Cypress Semiconductor trades for nine times earnings.
Examples: Transactor Networks, which offers one-click shopping on the Web, and FastParts, a Net-based semiconductor trading exchange.
Thanks to fears about a slowdown in both the PC and chip business, On Semiconductor trades at just seven times estimated 2001 earnings.
Shares of the Fremont, Calif.-company, a maker of integrated circuits and semiconductors, trade at only 10 times estimated 2007 earnings per share of $4.43.
Nevertheless, equipment stocks are jumping on the news of stronger than expected book-to-bill data released by SEMI, a semiconductor equipment trade group.
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