U.S. chip firm sees Asia sales rising in future

Article Abstract:

National Semiconductor Corp. CEO G.F. Amelio expects his company's sales in Asia to account for around 40% of global sales over the next few years, from the existing level of around 33%. Amelio is basing his prediction on the dramatic rise in sales of the firm's semiconductor product lines in the region, particularly in Taiwan and Singapore, where combined annual sales are projected to hit $400 million. He admits, however, that growth for FY 1994-95 will be slightly lower as the firm consolidates from its loss-making era.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Semiconductor industry, Forecasts and trends, Asia, National Semiconductor Corp., Sales

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Economies in Asia should shake off currency turbulence, economist says

Article Abstract:

NatWest Markets cconomist Daniel Lam believes that the recent turmoil in Asian currency markets was primarily caused by speculators trying to sell down regional currencies. Lam downplays the possibility of massive liquidation in Asian currencies, saying that the ASEAN economies are fairly strong and fundamentally sound. He also expressed his belief that Southeast Asia will remain attractive even if interest rates become higher and currencies weaken.

Economic aspects, Interview, Southeast Asia, Economists, Asia, Southeastern, Lam, Daniel

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Boeing sees more China plane sales

Article Abstract:

Boeing Co. is confident that the resolution of a US-China dispute over intellectual property rights will pave the way for its growing business in China. The Chinese government had threatened, among other things, to cancel aircraft orders with the company in retaliation for any trade sanctions the US might impose. Boeing Chmn. Frank Shrontz stated that although no new orders have been received, he personally believed they would be forthcoming.

Aircraft, Aircraft Manufacturing, Civil Fixed Wing Craft, China, Foreign operations, Aircraft industry, Boeing Co., Airplanes, Gliders (Aircraft)

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