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Chipmakers Stay In The Chips


In Business This Week

CHIPMAKERS STAY IN THE CHIPS

WILL SALES OF SEMICONDUCtors ever tank? Don't bet on it. On Nov. 1, the Semiconductor Industry Assn. predicted that worldwide chip sales will grow 26% in 1996, to $185 billion. That would be down considerably from this year's expected 44% jump. However, few chipmakers are likely to complain: It will mark the fourth straight year of 25%-plus growth. The association predicts uninterrupted growth through at least 1998, driven by increasing pervasiveness of chips in electronic products.EDITED BY KEITH H. HAMMONDS


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