Carnegie Group reports global chip sales in October were flat on the previous month. The company expects sales will drop 12 percent this year, and that next year the market will grow 11 percent.
Global chip sales in October are believed to have been flat on the previous month, according to analysts at Carnegie Group (Oslo, Norway). The three-month average of August, September and October chip sales is expected to be reported as $21.0 billion, compared to $20.6 billion for the equivalent figure in September.
This would represent a fall of 6.5 percent against the three-month average for October 2008 However, actual October chip sales probably rose 3.5 percent compared with October 2008, according to Bruce Diesen, a senior strategist and analyst at Carnegie ASA.