We are hopeful that a systematic collection of the penalties meted out for IP violations will pressure those regions within China where the penalties are insufficient to deter counterfeiting.

While information technology products will continue to be the largest market sectors for semiconductors, consumer products will be the major growth-drivers in the years ahead,

The worldwide market for semiconductors in 2001 is expected to decline 31 percent due to excessive inventories and price pressure on a wide range of products, ... However, recent data indicates inventory is now largely in balance and prices are rebounding in some product categories.

Korea is a significant market for American semiconductor producers -- in 2005, the Korean semiconductor market was approximately $4.5 billion.

The financial turbulence of Asia and other market changes have crimped the expected expansion of global chip markets in early 1998,

All in all, we're very well aligned with what the president laid out in his State of the Union address the other night.