Feeds

Global chip sales shriveled in 2008

First shrinkage since bursting bubble

Internet Security Threat Report 2014

Last year was the first since 2001 that saw a year-on-year drop in chip sales, according to the Semiconductor Industry Association (SIA).

2001 was the year that the dot com bubble burst. 2008 was the year the Meltdown began - and the SIA's numbers indicate the melting accelerated as the year wore on.

Worldwide semiconductor sales declined from $255.6bn (£179.0bn) in 2007 to $248.6bn (£174.1bn) in 2008 - a drop of 2.8 per cent. That slide, however, was gentle compared to the year-on-year plunge from December 2007 to December 2008, which saw a 22 per cent roller-coaster ride from $22.3bn (£15.6bn) to $17.4bn (£12.2bn).

December 2008 was a terrible month. The decline from November 2008, when sales were a comparatively healthy $20.9bn (£14.7bn), was a full 16.6 percent.

And the chipmaker's life is worse in Europe and the US than it is in Asia. Europe's 2008 sales sank 27.8 per cent while America's dropped 26.2 per cent. Japan, on the other hand, looked positively prosperous by comparison, dropping only 13.2 per cent year-on-year.

But even Japan is increasingly feeling the heat of the Meltdown. Witness, for example, NEC's recent decision to cut 20,000 jobs in its next fiscal year.

SIA President George Scalise blamed the meltiness on "Weakening demand for the major drivers of semiconductor sales," which "resulted in a sharp drop in industry sales that affected nearly all product lines."

"The industry is currently facing an unprecedented period of uncertainty," said Scalise.

Of that, we're certain. ®

Intelligent flash storage arrays

More from The Register

next story
Nexus 7 fandroids tell of salty taste after sucking on Google's Lollipop
Web giant looking into why version 5.0 of Android is crippling older slabs
All aboard the Poo Bus! Ding ding, route Number Two departing
Only another three days of pooing and I can have a ride!
Heyyy! NICE e-bracelet you've got there ... SHAME if someone were to SUBPOENA it
Court pops open cans of worms and whup-ass in Fitbit case
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
The IT Crowd's internet in a box gets $240k of crowdcash for a cause
'Outernet' project proposes satellite-fuelled 'Lantern' WiFi library for remote areas
prev story

Whitepapers

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.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.