STOCKHOLM (03/09/2000) - Chips are up again. Worldwide semiconductor sales reached US$14.8 billion for the month of January, an increase of 32.9 percent from $11.1 billion in the same period a year ago, the U.S. Semiconductor Industry Association announced yesterday.
While January sales traditionally have been weak, the strong sales growth this year suggests that the global chip industry has gotten off to a good start in 2000, the SIA said in a statement.
Sales growth was particularly strong in the Asia-Pacific and Japan markets, where sales grew at 45.9 percent and 43.2 percent, respectively, from a year ago, according to the statement. In the Americas and Europe, meanwhile, sales were up 25.1 percent and 21.5 percent, respectively.
Chips for use in telecommunication products, flash memories and digital signal processors showed the fastest growth rates, the SIA said.
The estimates were tabulated by the World Semiconductor Trade Statistics, an organization representing some 70 chip companies, said the SIA, which itself represents companies responsible for more than 90 percent of chip production in the U.S.
In 1999, the global chip market returned to double-digit growth after suffering for several years, largely as a result of a collapse in memory chip prices.
[See "Global Chip Market Growth Back to Double Digits," Jan. 6.]SIA, in San Jose, California, can be reached via the Web at http://www.semichips.org/.