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Worldwide chip sales flat in February

Posted: 03 Apr 2002 ?? ?Print Version ?Bookmark and Share

Keywords:SIA? industry trends? chip sales? DVD? digital camera?

Worldwide chip sales in February 2002 totaled $10.01 billion, remaining unchanged compared to January sales figures, according to the report released by the Semiconductor Industry Association (SIA).

Sales in the U.S. and Asia/Pacific market accounted for about 60 percent of semiconductor sales worldwide, with increases of 2 percent and 0.3 percent, respectively. Markets in Europe and Japan registered a slight dip, with sales down 1.5 percent and 1.2 percent, respectively, the company added.

"Strong consumer spending for mobile phones, DVDs and digital cameras continued to move chip sales slightly upward," said George Scalise, SIA president. "Although business investment has yet to pick up, consumer confidence and inventory replenishing continue to rise, driving the early stages of the overall recovery. Flat to slow growth of semiconductor sales in the first quarter of this year is in line with expectations. Our forecast calls for the second quarter to be slightly stronger with accelerating growth in the second half of 2002," he added.

"In February, total sales in the DRAM market rose almost 24 percent over January as prices continued to recover from cyclical lows, a trend that was reflected in all regional sales figures," Scalise continued.

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