Monday, October 3, 2005
The three-month average of worldwide semiconductor sales in August came in higher than expectations at $18.58 billion, up 3.2 percent from $18.01 billion in July. This was also up 1.7 percent from the equivalent figure in August 2004, according to figures from the World Semiconductor Trade Statistics (WSTS) organization published by the European Semiconductor Industry Association (ESIA).
According to Bruce Diesen, analyst with Handelsbanken Capital Markets these averages imply that actual world chip sales rose 6.2 percent year-on-year in August; which he attributed to surging PC shipments as well as broad strength in other equipment categories.
“It seems the inventory correction that started July 2004 has finally ended, and using our seasonal adjustments, world chip sales passed their previous peak (July 2000) for the first time,” said Diesen
On a year-to-date basis, the August three-month average figure represents a 5.8 percent increase, the same as in July but from the 6.4 percent recorded in June, ESIA said.
All the major regions monitored by WSTS showed growth with Asia Pacific and the Americas region beating the worldwide average with growth of 4.8 percent to $8.66 billion and 3.4 percent to $3.24 billion respectively. Sales in Japan grew 0.9 percent to $3.60 billion and in Europe sales grew 1.0 percent to $3.08 billion. In euro terms the European market performed slightly better growing by 1.9 percent.
By: DocMemory
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