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Article: one big export Although the computer chip comes in a small package, it leads Virginia in foreign exports, hitting $1.5 billion.(Business)
- Article from:
- The Virginian-Pilot (Norfolk, VA)
- Article date:
- February 24, 2007
CopyrightCOPYRIGHT 2007 The Virginian Pilot-Ledger Star. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: GREGORY RICHARDS
BY GREGORY RICHARDS
THE VIRGINIAN-PILOT
Coal and cigarettes, move over. There's a new leader among Virginia exports.
It's the computer chip.
Virginia chipmakers shipped $1.5 billion of the tiny, high-tech devices overseas last year, topping longtime heavyweights coal and cigarettes, according to the Virginia Economic Development Partnership.
Chip exports were almost twice those of coal, at $882.9 million, and triple those of cigarettes , at $510.8 million, reported the state authority charged with increasing the commonwealth's economy.