Worldwide semiconductor sales increased to U.S. $12.52 billion in October, a 1.8 percent jump from September and a 20-percent rise from 2001, a trade group reported. The quarterly increase was the third consecutive one for an industry that is slowly recovering from a high-technology downturn. "If there are any doubts remaining about the strength of the global chip industry, a healthy recovery continues as we move into the fourth quarter," said George Scalise, president of the Semiconductor Industry Association, based in San Jose, CA, U.S. Sales of chips used in wireless devices grew most briskly as new subscribers were added in Asia and consumers elsewhere replaced older handsets with newer models.
Sales of flash memory and digital signal processors, which are used in handsets, were up 6.9 percent and 4.4 percent, respectively, in October over the previous month. Sales of chips for personal computers, which make up the largest portion of the semiconductor market, with 30 percent of total chip consumption, also increased. Microprocessor revenue rose 6.5 percent while dynamic random access memory sales were up 1.2 percent. Sales growth increased 6.2 percent in Europe, followed by Japan, with 2 percent, and Asia-Pacific, with 1 percent. Sales in the Americas rose 0.5 percent. (Associated Press)
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