Monday, October 31, 2005
Global sales of semiconductors haven risen strongly ahead of the end-of-year shopping season, driven by booming demand for cell phones, computers and electronic gadgets for the living room, a survey said Monday.
Global September revenue, averaged out over three months to smoothen monthly events, climbed 5.6 percent to $19.6 billion in September from a year earlier. Revenues were up 5.2 percent from August, according to the World SemiconductorTrade Statistics (WSTS) association.
"The market drivers were personal computers, the communication segment with mobile phones, and digital consumer, as Christmas this year will be dominated by digital devices such as MP3 players, digital TV and DVD recorders," said Patrice Vaslot, vice-chairman for Europe at the WSTS.
Analysts from investment bank J.P. Morgan said September chip revenue had come in ahead of the normal seasonal increase after the summer, putting the industry on track for at least 8 percent sales growth in 2005 from the record year of 2004, when revenues jumped 28 percent to $213 billion.
"This indicates that manufacturers of devices expect a strong end of the year. Let's hope they are right. The digital consumer is really expected to be the main pillar of Christmas this year," Vaslot said.
By: DocMemory
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