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The good news is that after last year’s precipitous decline, worldwide demand for microchips is rising again. The not-so-good news is that the recovery is likely to be more muted than the industry had hoped. In fact, it could be years before the market makes up fully for 2001’ s record fall of 32% in chip sales. The latest figures from World Semiconductor Trade Statistics, an industry body, suggest that demand will creep up this year by 2.3% (to $142 billion) and by a healthier 16.6% or so in 2003. Se it could still be 2004 or beyond before the market for chips regains its former heights.
Why is the recovery so weak The main reason is that sales of personal computers(PCs), which run on such chips and which dominate the market for them, are still struggling to recover from last year’ s collapse in demand. Gartner Dataquest, a research firm, says worldwide sales of PCs rose by 5.8% year-on-year in the three months to the end of Septem
A. contrary to expectations
B. far from certain
C. not so quick as expected
D. at a record-breaking speed
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