Ad
Ad
Ad
Ad
Ad
Ad
Electronics Production | December 05, 2005

Global chip sales surpass<br>$20 billion in October

Worldwide sales of semiconductors surpassed $20 billion in October, a new milestone for the industry, according to the Semiconductor Industry Association.
Worldwide semiconductor sales of $20.0 billion increased by 6.75 percent from the $18.8 billion reported for October 2004. Sales were up 2.5 percent sequentially from the $19.6 billion reported for September.

“Strong demand for consumer electronics drove worldwide chip sales over $20 billion in October,” said SIA President George Scalise. “A sharp rebound in consumer confidence was reflected in strong sales of a broad range of consumer products, such as cell phones, MP3 players, digital cameras, digital TVs, and personal computers.” Scalise noted that demand for semiconductors was strong in all industry sectors, noting that all of the semiconductor product lines tracked by SIA saw sequential sales increases in October.

“Industry sales continue to track with our forecast of 6.8 percent growth to $228 billion in 2005. Inventories are in balance, and production capacity utilization remains in the healthy 90 percent range,” Scalise concluded.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
December 04 2017 9:30 PM V8.9.2-2