Feeds

World chip sales rise despite seasonal dip

Up 22 per cent on January 2002

  • alert
  • submit to reddit

Global chip sales in January were up significantly on the same month last year despite a fall against December 2002's figures, according to data released today by the Semiconductor Industry Association.

Last month, worldwide chip sales totalled $12.2 billion, down on December's $12.5 billion. The SIA blamed the "modest" 2.4 per cent month-on-month slip on "seasonal demand patterns" - apart from 2000, every year among the last ten has seen a similar December-January dip.

However, January 2003 sales were 22 per cent up on the $10 billion the SIA recorded for January 2002, a sign, it believes, that its healthy double-digit growth prognosis for 2003 as a whole remains viable.

All territories showed increased year-on-year chips sales, the SIA reported, with the Japanese and Asia-Pacific markets both seeing 34 and 32.6 per growth, respectively. Europe followed with a 16 per cent year-on-year sales rise. Sales growth in the Americas was just 2.8 per cent.

The SIA sees rising IT spending and double-digit PC sales growth leading the upturn, along with increasing demand for broadband and wireless communications systems. ®

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.