Transmeta (Semiconductor) (TMTA)

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Asia Pacific fuels chip growth in 2002
But Americas, Europe and Japan still declining

By Mike Magee, 28/05/2002 08:35:30 BST

A REPORT ISSUED by the World Semiconductor Trade Statistics (WSTS) body today claims that after a decline in 2001 by 32 per cent, the chip industry expects the market to recover this year.
Figures it issued show that growth on last year's figures will amount to 2.3% - that's accounted for by a predicted 25.7% rebound in the Asia Pacific region.

The Americas, Europe and Japan are still in the chip doldrums, however.

The same figures show that in 2002 "growth" is still in negative figures, at -3.7%, -2.4% and -14.9% respectively.

It won;t be until 2003 that the chip industry finally recovers, bouncing back to double digit growth, said the WSTS.

Then the Americas, Europe, Japan and Asia Pacific are expected to grow year on year by 22.1%, 19.2%, 17.6% and 25.2% respectively.

Memory shows positive growth in 2002, the figures say, growing by 10.2% year on year over the disastrous figure of -49.5% last year. In 2003, that market is expected to grow by 31.2%, year on year.

The WSTS claims to represent around 90% of the entire world semiconductor industry.