Chip sales to grow 28.6% in 2004, DRAM to grow 55.8%

The Semiconductor Industry Association (SIA) said it expects 2004 chip sales to grow 28.6%, to $214 bil, topping the $204 bil the industry recorded at the height of the dot-com boom in 2000. But the agency also reiterated that chip sales are expected to grow only 4.2% in 2005 to $223 bil and actually decline by 0.8% in 2006 to $221 bil