Worldwide semiconductor sales were $18.18 billion in August, a record for the year, and a stonking 52.7 per cent higher than August 1999's puny $11.91 billion.

Consumer, Internet, and telecomms products are driving the growth, across all territories, according to the Semiconductor Industry Association, the trade group which compiles the sales tables.

The industry is set to meet its target of 31 per cent revenue growth for 2000, the SIA forecasts. ®