Wednesday, November 3, 2004
The three-month average of global semiconductor sales rose to $18.41 billion in September, 27.4 percent, the Semiconductor Industry Association (SIA) said.
Worldwide microchip sales for the third quarter of 2004 amounted to $55.2 billion, an increase of 3.2 percent from the second quarter when sales were $53.5 billion and an increase of 27.4 percent from the third quarter of 2003.
"Despite evidence of an ongoing inventory correction in some segments of the industry, the September sales figures reflect continuing growth in demand for semiconductors," said George Scalise, president of the SIA, in a statement.
Chip sales in Europe and Asia were up by 4.1 percent and 1.6 percent respectively, while sales in the Americas and Japan declined by 1.7 percent and 0.5 percent respectively.
By: DocMemory
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