Global Chip Sales Jump 33% On Growth Of Wireless, Internet Sectors SAN JOSE, Calif. -- World-wide semiconductor sales rose 33% in February on continued robust demand from wireless communications and Internet sectors.
Sales climbed to $14.56 billion from $10.92 billion a year ago, according to the Semiconductor Industry Association.
Asia-Pacific sales surged 45%, while sales from Japan rose 43% for the month. Sales from the Americas grew at a 25% rate, as did European sales.
The association said it expects semiconductor communications networks and the Internet to continue to provide broad product growth across all chip sectors as the year progresses
The trade group's report emphasizes the sector's continuing optimism. In its report on 1999 sales, issued in February, the assocation said exploding demand for communications devices and a more disciplined approach to adding manufacturing capacity should help semiconductor companies
avoid the boom-or-bust cycles that have troubled the business throughout its history.
The association said at that time that it expected 60% of the industry's growth in 2000 to come from communications devices -- a loosely defined category that includes chips used in cellular phones, handheld computers and other Internet-ready appliances.
The trade group also forecast a 20% increase in total industry revenue in both 2000 and 2001. World-wide sales reached an all-time high of $149 billion in 1999.
The figures show how fully the industry has recovered from the severe downturn of 1996 to 1998, the association said in February. Two years ago, the industry was struggling to emerge from one of the worst recessions in its history, sparked by a woeful oversupply of semiconductors.
The early 1990s were marked by brisk demand and rapid expansion of capacity, followed by bloated inventories and a sharp drop in prices.
++++++++++ Month-to-Month Sales
Market Last Month Current Month % Change
Americas 4.50 4.44 -1.3%
Europe 3.15 3.12 -0.8%
Japan 3.29 3.28 -0.1%
Asia Pacific 3.84 3.71 -3.4%
Total 14.78 14.56 -1.5%
Year-to-Year Sales
Market Last Year Current Month % Change
Americas 3.56 4.44 24.7%
Europe 2.50 3.12 25.1%
Japan 2.30 3.28 42.5%
Asia Pacific 2.55 3.71 45.4%
Total 10.92 14.56 33.4%
Three-Month-Moving Average Sales
Market Last 3 Months Current 3 Months % Change
Americas 4.31 4.44 3.0%
Europe 3.07 3.12 1.9%
Japan 3.19 3.28 3.0%
Asia Pacific 3.67 3.71 1.1%
Total 14.24 14.56 2.3% |