ICs up big in Asia Pacific.Stamford, CT -- Revenues from semiconductors sold in Asia Pacific will grow 27.4% this year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. research firm Gartner (gartner.com). Regional sales are expected to reach $138.8 billion by 2008, a CAGR CAGR See: Compound Annual Growth Rate of 14.3%. "Riding on the positive wave created in 2003, the Asia Pacific semiconductor industry is poised to propel the global semiconductor market to new heights," said Philip Koh, principal analyst. "Rising demands from end user industries are the key driving force, with China, the electronic equipment manufacturing hub of the world, expected to continue to lead the industry in the region." Sales to China, the third largest consumer of ICs, will increase 33% in 2004, to $39.7 billion. Korea is estimated to reach $16.6 billion this year, driven by cellphones, digital consumer products and flat panel displays A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time . In Taiwan, growth remains constrained con·strain tr.v. con·strained, con·strain·ing, con·strains 1. To compel by physical, moral, or circumstantial force; oblige: felt constrained to object. See Synonyms at force. 2. by the shift of production to China, particularly for data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a applications. |
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