When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

Chip sales show signs of life

The Semiconductor Industry Association (SIA) said Monday that worldwide chip sales in October came in at $10.43 billion, a 2.5 percent month-over-month increase from September's $10.18 billion figure.

The slight rise in sequential sales--the first since November 2000, according to the SIA--is a positive note for the otherwise depressed chip industry.

However, October's sales were still well below those in October 2000, a point that analysts latched onto Monday. Although the chip market is improving, they said, it's nowhere near what could be called a recovery---at least not yet.

October's sales were down 44 percent from October 2000, according to the SIA, which actually uses a three-month average of revenues to help account for companies' different quarterly financial reporting schedules.

Compared in a more direct year-to-year manner by analyst firm Lehman Brothers, October 2001's sales declined by 43 percent when measured against October 2000--a figure that is actually worse than September 2001's 41 percent drop in sales vs. September 2000.

News source: ZDnet

Report a problem with article
Next Article

'Goner' Worm Hitting Corporate, Individual PCs

Previous Article

RealNetworks to plug in MusicNet