Semiconductor news: Chip sales are up over 35% in Asia and Japan....indicates that the chip business isn't collapsing any time soon.
No, there are no more new AMD fabs or factories announced in this news clip!!!
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Worldwide Semiconductor Sales Rise 23% in October, SIA Says
San Jose, California, Dec. 9 (Bloomberg) -- Worldwide sales of semiconductors jumped 23 percent in October from a year earlier, reaching a record on surging demand for cell phones and Internet equipment, the Semiconductor Industry Association said.
October sales rose to $13.4 billion, above the $13.2 billion high set in November 1995, the industry group said. The increase represents a 5.6 percent jump from September. Sales rose in the Americas, Japan, Europe and Asia Pacific, the four regions tracked by San Jose, California-based SIA.
Sales of semiconductors are rising as cell-phone demand explodes, creating a boon for chipmakers including Texas Instruments Inc., the largest maker of chips for the devices. A surge in Internet use has boosted sales of equipment that runs the worldwide computer network, buoying chip suppliers like PMC- Sierra Inc.
``Our record sales in October are a continuation of the strong growth pattern that commenced in mid-1998,' said SIA President George Scalise in a statement.
Sales in Japan rose 37.7 percent from a year ago, while sales in Asia climbed 35.6 percent. That's ahead of the 15.5 percent growth pace in the Americas and 10.4 percent in Europe.
Dec/09/1999 14:23
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