Doubling the basic research funding over 10 years is a huge move because that's what needs to get done to get the pump primed.
More Quotes from George Scalise:
Although business investment has yet to pick up, consumer confidence and inventory replenishing continue to rise, driving the early stages of the overall recovery,George Scalise
There is some evidence of inventory accumulation of semiconductors and finished electronic products during the first quarter of 2006. We expect the electronic industry supply chain will respond quickly as it did late in 2004 and that inventories will be in balance by the third quarter.
George Scalise
We see very strong, solid demand pattern ahead of us. We're talking about 10 percent compounded annual growth rate between 2005 and 2008.
George Scalise
There has been stronger-than-expected demand for our products across the board. There is far better inventory management, better capital investment management,
George Scalise
Semiconductor sales in April are continuing the steady growth exhibited in the first quarter of this year, another sign that the industry is rebounding from 2001.
George Scalise
The main story of 2005 is one of the growing importance of consumers in driving sales of semiconductors.
George Scalise
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