The chips are no longer down

Worldwide sales on increase last year

Global semiconductor sales grew to $11.38 billion in November, the highest mark since December 1997. According to the Semiconductor Industry Association (SIA), the jump in sales was brought about, primarily, by increased demand from Japan and the Asia-Pacific markets. The SIA’s Global Sales Report said Japanese sales grew by seven per cent and by 4.8 per cent in the Asia-Pacific region, with an overall jump in sales of five per cent over the October figures. Back in August, Japanese chip sales were down 30 per cent on sales in August 1997. SIA president George Scalise, said: "November is the third consecutive month of strong chip growth, reversing a trend of sluggish sales, which bottomed in July this year." Chip sales in Europe were also up in November, jumping 7.3 per cent from October’s level. In the US and Canada, sales saw a steady increase, climbing a modest two per cent. ®

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