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Global chip sales recovering

Posted on Tuesday, August 04 2009 @ 01:10:08 CEST by

The Semiconductor Industry Association (SIA) released figures about global semiconductor sales in June. The good news is that sales rose 3.7 percent from May to $17.2 billion, but the bad news is that this figure is still 20 percent below June 2008 when sales added up to $21.6 billion.
"The fourth-consecutive monthly increase in sales is one indicator the industry is returning to normal seasonal growth patterns," commented George Scalise, president of SIA, specifying that supply chain management by both producers and customers helped to moderate the impact of the global economic recession on the industry.

Scalise added: "Inventories have been closely managed, encouraging us to believe that the sequential increase in quarterly sales represents a gradual recovery of demand."
Source: EE Times



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