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Semiconductor sales to slump in 2002

Gartner polishes its crystal ball

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Semiconductor sales will hit a slump in 2002, Gartner warned today.

Global sales are forecast to grow 27 per cent next year, 10 per cent down on 2000.

DRAM chips will see worldwide growth of 66 per cent from 2000-2001, compared to 56 per cent the previous year.

But the long-predicted dip will come in Q2 of 2002 - when oversupply of memory chips kicks in. The memory chip market is expected to shrink by 30 per cent in 2003, prompting the entire semiconductor to contract by six per cent. ®

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