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Wal-Mart still bigger than entire IC industry |
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(01/07/2003 3:37 PM EST) URL: http://www.eetimes.com/showArticle.jhtml?articleID=10800633 |
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PEBBLE BEACH, Calif.--Here's a trick question: Which is bigger in terms of worldwide sales--the semiconductor industry or U.S. retail giant Wal-Mart? Answer: Wal-Mart.
Putting the industry in perspective, Wal-Mart alone is larger than the semiconductor business and by a wide margin, according to IC Insights Inc.
In 2002, Wal-Mart is expected to realize sales of $235 billion, according to IC Insights. In comparison, the IC industry is expected to generate sales of $188 billion in 2002, according to the Scottsdale, Ariz.-based market research firm.
Wal-Mart actually surpassed the semiconductor industry back in 1998. At the time, Wal-Mart's sales were $138 billion, compared to $126 billion for the chip business.
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