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Semiconductor sales down in February


Monday, March 31, 2003 Global chip sales dip a 3.3 percent in February from January's $12.2 billion in revenue, but better than the $10 billion last year, according to a research firm.

The firm said the slow down could due to soften dmand in PCs, global wireless and consumer. Chips used in cell phones have helped keep the industry recovery on track, with great demand from consumers who are migrating to new mobile technology, including "smart phones".

Sales in all markets were down sequentially from January. Sales in the American market, year-over-year, were off 4.5 percent, reflecting the continued outsourcing of the production of electronic equipment and components to Asia. However year-over-year sales in February rose 17 percent in Europe, 35 percent in Japan and 26 percent in the Asia-Pacific market.

By: DocMemory
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