July ship sales up 5.3 percent

Posted on Tuesday, September 01 2009 @ 8:25 CEST by Thomas De Maesschalck

Numbers from the World Semiconductor Trade Statistics (WSTS) indicate averaged global sales of semiconductors were up 5.3 percent sequentially in July. Sales are still down 18.2 percent from July 2008, but they're recovering faster than expected.

The three-month average of global sales of semiconductors rose to $18.15 billion in July, up 5.3 percent from $17.24 billion in June. July sales were down 18.2 percent from $22.19 billion in July 2008, but were ahead of expectations.

The figures are based on statistics gathered by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average of chip shipments.

Source: EE Times

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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