George Scalise Demand Quotations

The oversupply of some semiconductor products, such as memory chips, has depressed sales revenue, ... However, we are still optimistic about the industry's position, because the demand for newer and more powerful chips continues to increase.

There has been stronger-than-expected demand for our products across the board. There is far better inventory management, better capital investment management,

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

As far as the biggest surprise goes, it would have to be that the increase in energy costs did not impact demand at all, ... When we put our forecast together a year ago. we were quite conservative and expected demand to be flat.

The industry is currently experiencing lower sales due to an inventory overhang and deceleration in the end-equipment markets. Current forecasts suggest the inventory adjustment will be completed by the end of the third quarter, and end-market product demand will improve later in the year.