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Semiconductor market posts 17.6% growth

By Staff -- Purchasing, 2/10/2000

The worldwide semiconductor market experienced double-digit growth in 1999 for the first time since 1995. Chip sales surpassed $160 billion, an increase of 17.6% over 1998 revenue, according to preliminary results from Dataquest.

"One of the key factors for the industry growth was the firming up of the dram market," says Joe D'Elia, chief analyst for Dataquest. "The Taiwan earthquake also had an impact on the market, as it forced spot market prices to treble in a matter of days, although they fell back quite rapidly."

Intel continued to dominate the market with $25.8 billion in revenue, $16 billion more than its nearest competitor.

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