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July chip sales reached $20.1B

Posted: 05 Sep 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Semiconductor Industry Associatio? SIA? chip? chip sale? Dylan McGrath?

Worldwide sales of semiconductors reached $20.1 billion in July, up more than 11.5 percent year-to-year, according to data from the Semiconductor Industry Association (SIA). Sequentially, July sales were up 1.8 percent.

SIA President George Scalise said the semiconductor industry is on track to pass $240 billion in sales in 2006, which would be a record. "Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13 percent year on year, and the U.S., where sales increased almost 18 percent over last year," he said.

According to Scalise, capacity utilization edged up slightly in the second quarter of this year, from 89 percent to 91 percent, with leading-edge capacity at 97 percent. "July sales reflect the historical pattern for the industry with growth in unit demand coupled with declining average selling prices," he added.

The SIA's July chip sales figures were inline with a report issued by Terra Securities ASA analyst Bruce Diesen.

- Dylan McGrath
EE Times

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