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Worldwide chip industry records growth in 2001

Posted: 07 Nov 2002 ?? ?Print Version ?Bookmark and Share

Keywords:semiconductor? wireless? digital consumer products? pc? flash?

Global semiconductor sales climbed to $36.9 billion in Q3 of 2002, an 8.2 percent sequential increase from the $34.1 billion revenue reached over last year's Q2, and a 21 percent increase from the corresponding period of 2001. These are according to results of a study conducted by the Semiconductor Industry Association (SIA).

"The recovery of the semiconductor industry has picked up breadth and strength as the year progressed," stated SIA President George Scalise. "We achieved a solid 8.2 percent revenue growth in the September quarter, following 5.6 percent sequential growth in Q1 of 2002, and 5.8 percent growth in the year's Q2, with momentum across major product sectors, including wireless, digital consumer products, PCs, and automotive."

With the results of the study, it is seemingly evident that the wireless market continues to be the strongest single growth market for chips, as new consumers come on line in record numbers in Asian markets and existing subscribers upgrade to new 2.5/3G technologies offering video messaging and wireless Internet access. Flash, DSP, and wireless ASSPs were all up by double digits in the September quarter. Chips used in such popular consumer products as video games, DVDs, and digital cameras also rose in the quarter, including 21 percent growth in Standard Cells and 15 percent growth in Optoelectronics.

Further, chip sales rose 8 percent in the September quarter in the Asia-Pacific market. Chip sales increased 15 percent in Japan, driven by Japan's exports of consumer products. Meanwhile, in Europe, chip sales rose by 7.9 percent, while sales in the Americas were up 1.9 percent in the quarter.

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