Global semiconductor sales rose to $18.4 billion in September, a sequential increase of 1 percent from the $18.2 billion sales in August, the Semiconductor Industry Association (SIA) reported this week.
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.
Worldwide microchip sales for the first nine months of 2004 reached $157.6 billion, an increase of 33.2 percent from the comparable period 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 SIA President George Scalise.
“September is traditionally one of most consistently strong months for microchip sales as manufacturers of electronic products gear up for the holiday season,” continued Scalise. “Sales of personal computers and cell phone handsets appear to be stronger than expected and are contributing to growth in sales of microprocessors, DSP, flash memory devices, and DRAMs.
“Slower growth or declining sales in a few market segments are signs of a continuing inventory correction by both semiconductor producers and customers. The ongoing inventory correction in these segments was the major factor in the September growth rate coming in near the low end of the historic range. The latest GDP report reflects continuing strength in the US economy, and business spending on equipment and hardware increased for the sixth-consecutive quarter,” Scalise concluded.
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.