“The strong year-on-year growth of more than 30 percent reflects the steady improvement in business conditions, a trend which we expect will continue throughout 2004,” says SIA President George Scalise. “The modest sequential growth in worldwide semiconductor sales reported for February is consistent with normal cyclical patterns. While growth was largely driven by a rebound in corporate information technology spending, the current growth cycle extends to all end markets and major product areas. We are encouraged by the recovery in demand in the wireline communications sector. Customers remain cautious about inventories, and February shipments actually trailed semiconductor consumption. As a result, we do not expect inventory corrections will be a drag on chip sales going forward.”

(April 5, 2004) Fremont, Calif.&#8212ChipPAC Inc.’s Korea facility has achieved the International Standardization Organization’s ISO/TS16949:2002 certification. ChipPAC Korea successfully passed a certification audit conducted by Lloyd’s Register Quality Assurance (LRQA). LRQA is one of the world’s foremost quality management systems certification bodies.