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Chips sales in 1st half 2007 up modestly


Monday, August 6, 2007 Semiconductor sales showed modest growth year-over-year during the first six months of 2007, according to a report issued by the Semiconductor Industry Association (SIA). Worldwide sales of semiconductors grew to $121 billion in the first half of 2007, an increase of 2 percent from the $118.4 billion reported for the first half of 2006, the SIA said. Second-quarter sales of $59.9 billion declined by 2 percent from the $61.1 billion reported in the first quarter of 2007. Sales in June 2007 amounted to $20 billion, a decline of 1.7 percent from the $20.3 billion reported in May. "Continuing rapid price attrition in several important market segments held growth in total semiconductor sales to just over 2 percent in the first half of 2007 despite increases in total unit shipments of almost 7 percent," SIA's President George Scalise said in a statement. "End unit demand in major industry drivers, including personal computers and cell phones is growing in line with forecasts. Together, these two market sectors drive about 60 percent of semiconductor demand."

By: DocMemory
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