Chip Sales Up Globally

Shrugging off bad news, chip sales show robust year over year sales increase.


How to Help Your Business Become an AI Early Adopter


(Reuters) - Worldwide semiconductor sales rose 4.5 percent in May from April to $24.7 billion, helped by strong sales of personal computers, cell phones, corporate information technology, industrial applications and autos, the Semiconductor Industry Association (SIA) said.

SIA expects unit sales of personal computers to grow by 20 percent and sales of cell phones to grow by 10 percent to 12 percent this year.

Chip sales rose 47.6 percent in May from a year ago, a slight decline from the April year-on-year growth rate.

The chip industry started rising from a trough and gaining momentum in the second half of 2009. As a result, industry year-on-year growth rates are likely to continue to slow down during the second half of 2010, SIA said.

"Growing concerns about issues such as government debt, declining consumer confidence, and pressures on government spending do not appear to have affected worldwide semiconductor sales to date," SIA President George Scalise said.

He added that these issues bear watching given the chip industry's growing sensitivity to macroeconomic conditions.

Major chipmakers include Intel Corp, Texas Instruments Inc, Advanced Micro Devices Inc, National Semiconductor Corp, Nvidia Corp, Qualcomm Corp, STMicroelectronics, Samsung Electronics Co and Hynix Semiconductor.

Copyright 2010 Reuters. Click for restrictions.

Comment and Contribute


(Maximum characters: 1200). You have characters left.



IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.