Oct. chip sales up 5.1 percent from September: SIA

SAN JOSE, USA: Worldwide sales of semiconductors rose to $21.7 billion in October, a 5.1 percent increase from September when sales were $20.6 billion, the Semiconductor Industry Association (SIA) reported today.

Sales are 3.5 percent below October 2008 when sales were $22.5 billion. Sales for the first 10 months of 2009 were $180.0 billion, a decline of 16.6 percent from the like period of 2008 when sales were $215.8 billion. All monthly sales numbers represent a three-month moving average of global semiconductor sales.

“October is historically a strong month for the semiconductor industry as electronic equipment manufacturers ramp production for the holiday season. Inventory management throughout the supply chain has been very tight, and this may extend the fourth-quarter build season by a few weeks,” Scalise continued.

“As semiconductor sales are increasingly driven by the performance of the overall global economy our sales are reflecting the improved economic conditions in our world markets. Sales increased sequentially in all geographic regions,” Scalise concluded.Source: SIA, USA