George Scalise
George Scalise
George Scalise was the former president of the Building Service Employees International Unionwho was convicted of racketeering due to the exposure of labor racketeering by newspaper columnist Westbrook Pegler, who won a Pulitzer Prize in 1941 for his reporting...
balance chain electronic evidence expect finished industry inventory late products quarter quickly respond supply third
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.
across capital demand far inventory investment management products
There has been stronger-than-expected demand for our products across the board. There is far better inventory management, better capital investment management,
ahead annual demand growth pattern percent rate solid talking
We see very strong, solid demand pattern ahead of us. We're talking about 10 percent compounded annual growth rate between 2005 and 2008.
concerns continue effects energy high impact katrina lingering markets prices rita
While there are lingering concerns about the effects of high energy prices and the impact of Hurricanes Katrina and Rita in the US, end markets for semiconductors continue to be very strong.
bipartisan confidence full
We have full confidence they will be implemented and we will be very successful. This is going to be a bipartisan effort.
consumer good including relatively retail strong year
The new year got off to a good start. Retail sales, including consumer electronics products, were relatively strong in January.
achieve forecast fourth growth indication industry october percent sales track
The October sales are another indication that the industry is on track to achieve our forecast of 4.7 percent growth in the fourth quarter.
biggest cost energy impact increase surprise
The biggest surprise is that the increase in energy cost didn't impact us at all.
competition declining growth higher prices resulted sales strong unit
Strong competition contributed to declining prices for semiconductors, which resulted in nominal growth on higher unit sales in July,
cell consumer digital drove holiday mp3 players products record sales season strong
Strong holiday season sales of consumer products such as cell phones, digital cameras, and MP3 players drove record sales of semiconductors in November.
business china collection deter hopeful penalties pressure regions systematic violations within
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.
capacity companies less markets percent third united
U.S. semiconductor companies have over 70 percent of their manufacturing capacity in the United States, while less than a third of our markets are here.
bring changed heard respond situation though time understand
We feel as though they not only heard us, but understand the situation and will respond in a way to bring about new programs. What's changed this time is a recognition of what we have to do to compete.
chips continues demand depressed memory optimistic powerful sales
The oversupply of some semiconductor products, such as memory chips, has depressed sales revenue, ... However, we are still optimistic about the industry's position, because the demand for newer and more powerful chips continues to increase.