While it’s no secret that the IT market as a whole has been experiencing a tough time, it appears the clouds have parted slightly to shine a ray of hope onto the semi-conductor market, which has seen steady growth throughout 2003.
According to the Global Sales Report (GSR) from the Semi-conductor Industry Association (SIA), July 2003 chip sales figures of $US12.9 billion were up $US400 million from June 2003, and up 10.5 per cent over July 2002 figures of $US11.68 billion.
Contributing to the increase in sales, PC products led the sector with microprocessors up 5.6 per cent and dynamic RAM (DRAM) up 8.2 per cent over June numbers. The SIA attributed the rise to consumer back-to-school computer purchases and the association’s president, George Scalise, said he expected sequential increases from the consumer, computation and communication sectors over the next four months.
July’s increase marks the fifth consecutive monthly increase in the global semi-conductor market, according to the SIA. The Americas increased one per cent over June. Europe was up 2.3 per cent and Asia Pacific 2.9 per cent. The highest increase was in Japan which was up 4.8 per cent on a monthly basis.
The GSR is a three-month average of sales activity, tabulated by the World Semiconductor Trade Statistics (WSTS) organisation, that is made up of about 66 companies around the world.
For details visit www.sia-online.org.