Monday, 02 July 2007

UPDATE 2-Chip sales grew 2.4 percent in May

(Reuters) - Sales in May were $20.3 billion, up 1.2 percent from the
$20.0 billion reported in April, the Semiconductor Industry
Association said in a report.




The collapse in memory prices this year has caused many
analysts to lower their overall sales forecasts for the chip
industry, which grew nearly 9 percent last year to $274
billion.


Read more at Reuters.com Market News

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