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BUSINESS BRIEFS.(A)

Investor's Business Daily

| February 04, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TECHNOLOGY

Global chip sales rose 1.3% in '02

They grew to $140.7 bil last year, the Semiconductor Industry Association said. In '01 chip sales fell a record 32%. SIA sees a 19.8% rise in '03 to $169.3 bil, but has been wrong the past two years. A year ago SIA predicted 6% growth in '02. It still saw a 3% rise in its summer update.

CIO poll shows IT spending rises

CIOs said tech spending rose 4.4% in the 12 months to Jan., the first such rise since July, according to the CIO Magazine Tech Poll. But future growth plans remained modest due to weak profits. Security software was still the strongest sector, with over half of CIOs planning to boost such spending. The outlook for computer hardware weakened. Telecom gear also softened.

Xbox losses, Office Q2 profits up

In a filing that breaks down performance by segment, Microsoft lost money in its ...

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