George Scalise Growth Quotations

Semiconductor sales in April are continuing the steady growth exhibited in the first quarter of this year, another sign that the industry is rebounding from 2001,

We expect to see the industry record slow growth for the first quarter of 2002, with sales rising to double-digit growth in the second half of the year.

We see very strong, solid demand pattern ahead of us. We're talking about 10 percent compounded annual growth rate between 2005 and 2008.

We expect the modest growth we are experiencing in the first half of the year to continue throughout the remainder of 2002.

Continued steady growth across the industry is exhibited in May chip sales and, as announced in our forecast last month, we expect the industry to close the second quarter with growth of 4.7 percent.

The tragic events of September 11 may slightly dampen sales for the month of September due to short-term logistical issues; however, we are still confident that we will see sequential quarterly growth commencing in the December quarter.

The September results are in line with the 1997-2000 worldwide forecast we released last week which calls for industry growth of 5.5 percent in 1997 and 16.8 percent in 1998.

A number of growth trends in the Asia Pacific market are positive due to continued outsourcing to contract manufacturers located in the region.

April sales show continued industry growth and are surpassing our expectations for 2000,

The October sales are another indication that the industry is on track to achieve our forecast of 4.7 percent growth in the fourth quarter.

Strong competition contributed to declining prices for semiconductors, which resulted in nominal growth on higher unit sales in July,

The July data, and the year-on-year increase, confirm that a moderate but sustainable recovery continues, putting us on track for 7-9 percent sequential growth in the third quarter,