Worldwide Chip Sales Increase 5.3%, SIA Says
A report from the Semiconductor Industry Association shows that chip sales increased more than 5 percent in July. This trend is driven by new purchases of devices such as cell phones and PCs, including notebooks and netbooks. The SIA report comes a few days after Intel raised its financial outlook.Global semiconductor sales increased 5.3 percent in July, thanks to consumers buying more handheld devices, such as smartphones and cell phones, as well as PCs, according to an Aug. 31 report from the Semiconductor Industry Association. In July, worldwide chip sales hit $18.2 billion in revenue compared with $17.2 billion in June. However, the first six months of 2009 saw chip sales decline 25 percent from those of the previous year, and July chip sales were 18.2 percent lower than those of July 2008, according to SIA.
Still, the news is good for an industry that has struggled as both consumers and businesses cut back on the amount of hardware such as PCs and cell phones that they purchase. The SIA report also followed an encouraging report from Intel, the world's biggest producer of x86 processors for PCs and server systems.