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TECHNOLOGY - Feb. 12, 1992

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From Times Staff and Wire Reports

Chip Index Rises: On the strength of orders that were nearly 17% higher than the level posted a year ago, the semiconductor industry’s key indicator for the U.S. market rose in January. The Semiconductor Industry Assn. said the book-to-bill ratio climbed to 1.08 from a revised 1.07 in December. Bookings, or orders, were $1.409 billion, up 1.4% from December and 16.7% higher than the same period a year ago. Billings, or shipments, increased 0.7% from December to $1.307 billion. They were up 10.9% from January of 1991.

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