World Semiconductor Sales Rise 19.3% in July on Strong PC Sales
World Semiconductor Sales Rise 19.3% in July on Strong PC Sales
San Jose, California, Sept. 2 (Bloomberg) -- Worldwide semiconductor sales rose 19.3 percent in July from a year ago, bolstered by strong demand for chips that go into personal computers and communications equipment, an industry group said.
Chip sales totaled $11.55 billion, up from $9.68 billion in July 1998, the Semiconductor Industry Association said.
The figures show that the recovery in chip sales that began last year is gaining momentum. Among the best sellers were microprocessors, the brains of PCs, and digital signal processors, the chips that run mobile phones, the SIA said. ''July's global sales continued the robust growth that began in mid-1998,'' said SIA President George Scalise.
The strength in microprocessors in good news for Intel Corp., the world's biggest chipmaker, and its largest rival, Advanced Micro Devices Inc. The growth in DSPs benefits Texas Instruments Inc., the leading maker of those devices.
Sales in Asia rose 29.2 percent to $2.83 billion, making it the fastest-growing region in July. Sales in the Americas increased 17.7 percent to $3.79 billion. European semiconductor sales rose 6.3 percent to $2.36 billion, San Jose, California- based SIA said. |
