Optimistic about the beginning of the year, such as the Chartered Semiconductor chip stocks rose

Chartered Semiconductor Singapore semiconductor stocks rose on Wednesday, reflecting strong market demand at the end of the year on the Microsoft Xbox360 game consoles and digital music players and other consumer electronic products. Chartered Semiconductor has gained 18% this month, is Singapore Straits Times index performance in the Sanjia stocks.

Microsoft launched Xbox360 in November 22nd, within a few hours that the sale is expected to sell 3 million units in the next three months. On Wednesday, the Straits Times Index fell 0.1% to close at 2300.25 points, the world's third largest chip testing new packaging and testing enterprises rose 2.8%, Hi Tech rose 3.6%, chartered rose 4.2%. Goldman Sachs analyst Lv Dongfeng (Donald Lu) released a report in November 28th, compared with other chip makers, the highest proportion of Chartered Semiconductor revenue from Xbox360. Lv Dongfeng Chartered Semiconductor American Depositary Receipts (ADR) per unit profit rose 34% to $0.34, and the Chartered Semiconductor ADR shares a year target price from $7 to $8. Chartered Semiconductor ADR closed at $7.13 on Wednesday.