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SIA reports growth in semiconductor sales for November 2001

Posted: 04 Jan 2002 ?? ?Print Version ?Bookmark and Share

Keywords:semiconductor industry association? semiconductor? pc? wireless communication? consumer?

The latest Global Sales Report (GSR) from the Semiconductor Industry Association reveals that semiconductor sales worldwide in November 2001 increased to $10.60 billion, a month-to-month increase of 1.6 percent from $10.44 billion in October 2001.

This marks the second consecutive month in which the semiconductor industry has posted a sales growth. "Our forecast released in November calls fourth quarter sales to be 4.7 percent higher than the third quarter and with two months of data now in, we are on target to meet that projection," stated George Scalise, SIA president. "Personal computers, wireless communications, consumer products and automotive continue to fuel semiconductor sales and lead the industry out of its year-long recession."

Compared to October 2001, November sales in the European market increased 5.3 percent, and the Asia-Pacific market grew 2.5 percent. Sales in the Americas were nearly flat and Japan was down slightly at 1 percent.

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