Monday, September 29, 2003
Chips sales worldwide hit $13.42 billion in August, an increase of 12.5 percent compared to the same month a year ago and sixth consecutive monthly increase, reported Semiconductor Industry Association (SIA).
"August sales confirm the broad-based strength of the semiconductor market, lead by demand in the consumer, computer and wireless sectors,” George Scalise, SIA's president, said in a statement. “This rise in end-market demand is generating stronger third quarter sales than normal seasonal patterns.”
In August, PC related products continued to be the strongest sector with MPU up 7.8 percent and DRAMs up 11 percent over July, SIA said. While consumer applications up 5.3 percent and flash up 6.9 percent over last month.
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