Euro chips lift market

Euro chips lift market
Roy Rubenstein Europe’s semiconductor market will play an important part in ensuring that the world market grows by 10 per cent this year, despite an eight per cent fall in the value of DRAM sales. These are the predictions of Dave Richardson, the European president at Texas Instruments. “We had a very good 1997 and 1998 will be very much better, as much as x2 for us,” said Richardson, who was in the UK to speak at last week’s Nepcon Economist Electronics Forum. “For global growth 10 per cent is a reasonable estimate, take out DRAM and the figure is closer to 15 per cent,” he said. Richardson admits that like all other companies TI is struggling to make money out of its DRAM business. ” I expect DRAM to fall 8 per cent in value terms while the volume will almost double,” said Richardson, who would not confirm recent rumours that TI was planning a withdrawal from the DRAM market.


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