Tuesday, January 4, 2011

November global chips sales at US$26.2b, up 14.4% on-year

KUALA LUMPUR: Global chips sales rose 14.4% to US$26 billion in November, 2010 from a year ago but showed a slight slowdown from October as sales growth moderate.

The US-based Semiconductor Industry Association (SIA) said on Monday, Jan 3 that the November sales data showed an increase from US$22.7 billion a year ago. When compared to October, sales declined 0.9% from US$26.2 billion.

Year-to date sales through November were US$271.8 billion, up 34.0% from the previous corresponding period in 2009 when sales were US$202.8 billion.

SIA president Brian Toohey said despite continuing macroeconomic uncertainty, the semiconductor industry was expected slated to close the year at record sales levels with year-over-year growth rates not experienced in nearly a decade.

'The application of advanced technologies continues to further the proliferation of semiconductor content into a wider range of end products including mediatablets, smartphones, eReaders, and automobiles, resulting in impressive semiconductor sales in 2010," he said.

However, he expected continued moderation in sales growth, in line with its November forecast.

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