Financial News

Chips hurt as DRAM goes down

May day, may day


Tanking DRAM prices dragged down worldwide chip sales in May, latest Semiconductor Industry Association figures show.

Total sales hit $18.05bn in May, down 0.5 per cent on the previous month, but up 4 per cent on the year. While surging cellphone sales boosted shipments of related chips, DRAM prices dropped 6 per cent sequentially, denting sales overall.

Asia Pacific was the only market that showed sequential growth, with sales of $8.94bn, up 1.8 per cent on the month and 11.1 per cent on the year. The Americas had sales of $3.2bn, down 0.7 per cent sequentially, and up 0.2 per cent on the year. European sales were $3.19bn, down 3.9 per cent sequentially, and up 0.1 per cent on the year, while Japan’s sales, at $3.62bn, were down 2.2 per cent sequentially, and down 2.7 per cent on the year.

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