Chip sales jump 19.7%
Source: Agencies |
November 3, 2009, Tuesday
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Print Edition
Print Edition
GLOBAL semiconductor sales rose 19.7 percent sequentially during the third quarter and beat estimates, the Semiconductor Industry Association said and forecast an upbeat full-year sales.
For the quarter ended September 30, semiconductor sales rose to US$61.9 billion from US$51.7 billion in the prior quarter.
"September sales were in line with historical patterns, reflecting increased demand from end-users as they began the build for the holiday season," SIA said in a statement.
According to SIA, unit sales of personal computers and cell phones - the two largest demand drivers for semiconductors - continue to run ahead of earlier forecasts.
"Sales are well ahead of the worst-case scenarios projected early in the year, and we are optimistic that total sales for 2009 will be better than our mid-year forecast," SIA said.
Also, the demand for semiconductors for industrial applications - a sector that had declined sharply - showed initial signs of recovery, SIA said.
Chip sales in September were US$20.1 billion, up 8.2 percent from August. However, the third-quarter sales were 10 percent lower than the US$68.9 billion reported for the same period of 2008, the industry body said.
Major chip makers include Intel Corp, Advanced Micro Devices and ASML.
For the quarter ended September 30, semiconductor sales rose to US$61.9 billion from US$51.7 billion in the prior quarter.
"September sales were in line with historical patterns, reflecting increased demand from end-users as they began the build for the holiday season," SIA said in a statement.
According to SIA, unit sales of personal computers and cell phones - the two largest demand drivers for semiconductors - continue to run ahead of earlier forecasts.
"Sales are well ahead of the worst-case scenarios projected early in the year, and we are optimistic that total sales for 2009 will be better than our mid-year forecast," SIA said.
Also, the demand for semiconductors for industrial applications - a sector that had declined sharply - showed initial signs of recovery, SIA said.
Chip sales in September were US$20.1 billion, up 8.2 percent from August. However, the third-quarter sales were 10 percent lower than the US$68.9 billion reported for the same period of 2008, the industry body said.
Major chip makers include Intel Corp, Advanced Micro Devices and ASML.
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