Feeds

World chip sales edge up in October

PC chip inventory correction over?

  • alert
  • submit to reddit

Worldwide chips sales hit $18.8bn in October, up 1.5 per cent on September's total, possibly a sign the industry may be moving out of the mini downturn that it has suffered through the most of the latter half of 2004.

Or possibly not - the Semiconductor Industry Association (SIA), which published the October sales figure this past Friday, also warned that it expects Q4's overall total to match Q3's.

That's effectively a further downgrade of the organisation's forecast for the year's semiconductor-sales total. In June, it predicted 2004's tally would hit $214bn. Last month, it reduced its expectations to 213.8bn. On the basis that Q4's sales match Q3's - $54.6bn - and taking the SIA's own total for the first nine months of the year - $157.6bn - that comes to $212.2bn.

That represents year-on-year growth of 27.5 per cent over 2003's $166.4bn sales total, despite the SIA's insistence that "we continue to project year-on-year growth of at least 28 per cent". Presumably it's able to do so by rounding the figure up.

Either way, October's sales were hampered by the "ongoing inventory corrections in certain market segments", the SIA said, though the microprocessor and memory markets were not among them. "Sequential sales growth of 6.4 per cent for microprocessors and 2.8 per cent for DRAMs are signs that excess inventories of these products have also been worked out of the supply chain," the organisation reported.

Chip sales rose month on month in all regions except Japan, the SIA said. ®

Related stories

Intel's Barrett looks for chip sales growth in '05
Chip trade body revises 2004 sales downward
Chip biz slowdown to stretch through Q1 '05
September chip sales edge up 1%
World chip sales flat in August
Slowing H2 chip sales to hit 2005's growth - report
July chip sales slow on inventory build-up

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
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.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.