1.   Although SGS-Thomson has some memory products in its portfolio, it has steered clear of the brutally competitive dynamic random-access memory chip market.

2.   Although SGS-Thomson makes some memory products, it has steered clear of the brutally competitive dynamic random-access memory chip market.

3.   Analysts agree that the chip market was strong last year, but they doubt it was as strong as the ratio indicated.

4.   And the memory chip market is glutted now, though that could change.

5.   And makers of everything from refrigerators to toddler toys are computerizing their products -- making the chip market ever larger.

6.   All this has allowed a rival, Advanced Micro Devices, to gain a foothold in the high-end chip market with its well-received Athlon processors.

7.   But almost as soon as those words were uttered last fall the bottom fell out of the chip market.

8.   But competition at the high end of the chip market should increase as Advanced Micro Devices increases production volumes of its fastest chips.

9.   Chellam said that the growth of the chip market for the telecommunications and automotive markets will drive revenue growth.

10.   Earnings have suffered because of continuing depression in the memory chip market.