PC sales, in particular, are likely to show a sharp rise, the analysts said, because cuts Intel made in early February boosted the sales.
The analysts also predict that world sales of chips will rise by 18.5% in 2004 to reach $197 billion.
Consumer electronics sales continue to sell strongly, while flat screen TVs are aslo showing a surge.
Encouragingly, the analysts believe shipments of chips in the US rose - sales in the country havebeen flat for quite some time.
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