Chip industry grows to $200 billion.(Brief Article)(Statistical Data Included)

Purchasing, December, 2000 by Carbone, James

Strong demand for communications equipment and computers will result in a 37% growth in semiconductor sales for the year as the total chip market will reach $205 billion, according to Semiconductor Industry Association. Growing demand for chips by networking, broadband, wireless and optoelectronics will result in the industry growing another 22% in 2001, with sales scales approaching $250 billion.

Growth will slow in 2002 and 2003, but the chip market will reach $319 billion by 2003, the SIA says. "Responding to the challenges associated with the redefining and revitalization of the global communications system will propel the semiconductor industry toward the $1 trillion goal in the next decade," says Wilfred Corrigan, LSI Logic chairman and chief...

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