AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Chip Field Rebounds; Monthly Sales Gains Are Best Since 1990; Business Spending Fuels Rise; Analysts expect big things in 2004, but they worry growth may cool in 2005.(INTERNET & TECHNOLOGY)
Byline: JAMES DETAR
The Semiconductor Industry Association on Monday confirmed what many in the chip field were already saying: Good times are here again.
After a long slump, sales of personal computers and wireless gadgets are driving stronger chip sales, the trade group said in its latest report. Business spending has been key to the turnaround, the SIA says. Until lately, consumer products were propping up the industry.
Chip sales in October rose 23.3% over the same month a year ago, to $15.4 billion. Sales were up 6.8% compared with the previous month. That's the strongest monthly sales gain since October 1990.
Not everyone is partying, though. The markets for most chips are hot. But for chips that go into network gear that runs over copper telephone wires, it's still slow going.
October is always a strong month, notes SIA President George Scalise. "But this exceeds historical norms," Scalise said in a statement after the group released the numbers.
With this latest nudge, chip sales this year have grown 16.4% compared with the same period in 2002. That's far above the estimate the SIA put out last summer. It had expected sales growth of just above 10% in 2003.
- Global Chip Sales Rise Slightly in September to $18.4 Billion; Quarterly Sales...
- Press release article from: Business Wire November 1, 2004 700+ words
...report reflects continuing strength in the US economy, and business spending on equipment and hardware increased for the sixth-consecutive quarter," Scalise concluded. Chip sales in Europe and Asia were up by 4.1 percent and 1.6 percent...
- Third Quarter Global Chip Sales Up 17.5% Year-Over Year; 6.5% Monthly Increase...
- Press release article from: Business Wire November 2, 2003 700+ words
...quarter," Scalise said, "was driven by a combination of a record 6.6 percent increase in consumer outlays, and strong business spending, as investment in computers and software rose 15.4 percent, after an 8.3 percent gain in the year's second quarter...
- Worldwide July Chip Sales up 2.9% from June 8% Year-over-Year Increase, First...
- Press release article from: Business Wire September 3, 2002 700+ words
...BUSINESS WIRE)--Sept. 3, 2002 Global chip sales reached $11.7 billion in July, a...today. On a year-to-year basis, chip sales in July were up 8% from the $10.8...products, recorded an 8.5% increase in chip sales in July. The Asia Pacific market registered...
- Chip Sales Reach Record Levels.
- Newspaper article from: Knight Ridder/Tribune Business News Quinlan, Tom December 9, 1999 700+ words
...Industry Association announced Thursday that chip sales reached record levels in October, and...were far stronger than expected. Total chip sales for October were $13.4 billion, 23...and better than the $13.2 billion in chip sales the industry recorded in November 1995...
- Electronics industry update. (Economic Indicator).(worldwide chip sales...
- Magazine article from: Semiconductor International August 1, 2002 700+ words
...re leased by the SIA, the value of worldwide chip sales increased 3.1% between March and April to...following three consecutive months of no net gain in chip sales, April global chip sales were still estimated to be worth 19.4% less...
- PC, cell phone buyers drive chip sales up: Global purchases rise 6.8% in...
- Newspaper article from: Morning Call (Allentown, PA) April 4, 2006 700+ words
...computers and cell phones drove worldwide chip sales up 6.8 percent in February, compared...which released the statistics Monday. Chip sales in February were down 2.2 percent from...February is not a strong month for chip sales, in part because shoppers don't make...
- Worldwide Chip Sales up 2.2% in August from July; 14% Year-over-Year Increase -...
- Press release article from: Business Wire October 1, 2002 700+ words
...BUSINESS WIRE)--Oct. 1, 2002 Global chip sales totaled $11.9 billion in August...today. On a year-to-year basis, chip sales in August were up 14% from August of...consumers migrate to 2.5G technology. Chip sales in the Americas declined 0.7%, reflecting...
- Global computer chip sales set record.
- Newspaper article from: Morning Call (Allentown, PA) December 3, 2005 700+ words
...a record in October at $20 billion. Chip sales rose 6.8 percent in October from the...products categories. The group predicted chip sales will reach $228 billion this year...month, the industry association said chip sales will increase 7.9 percent to $245...