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.