Global Chip Sales Rise Solidly In July
Story posted on: September 02, 2008
The global economic slowdown still hasn’t put a noticeable dent in semiconductor growth – much to the relief of high-tech companies.
Worldwide sales of semiconductors grew by 7.6 percent to $22.2 billion in July, according to the Semiconductor Industry Association. The trade group said Tuesday that year-to-date sales have increased 5 percent.
Behind the rise are solid sales of consumer electronics, personal computers and cell phones – which account for about 80 percent of chip demand.
LCD TV units are projected to increase 32 percent this year, digital still cameras will be up about 20 percent, personal computer sales should grow by approximately 13 percent and the cell phone market should increase about 10 percent.
Overall manufacturing capacity utilization in the chip industry remains high at 89 percent – with the most advanced production above 95 percent, the group said.
The only sour news in Tuesday report was that sales of DRAMs and NAND flash memory continued to decline because of continuing price pressure.
By Mark Boslet, Editor at Large.
Worldwide sales of semiconductors grew by 7.6 percent to $22.2 billion in July, according to the Semiconductor Industry Association. The trade group said Tuesday that year-to-date sales have increased 5 percent.
Behind the rise are solid sales of consumer electronics, personal computers and cell phones – which account for about 80 percent of chip demand.
LCD TV units are projected to increase 32 percent this year, digital still cameras will be up about 20 percent, personal computer sales should grow by approximately 13 percent and the cell phone market should increase about 10 percent.
Overall manufacturing capacity utilization in the chip industry remains high at 89 percent – with the most advanced production above 95 percent, the group said.
The only sour news in Tuesday report was that sales of DRAMs and NAND flash memory continued to decline because of continuing price pressure.
By Mark Boslet, Editor at Large.
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