Asian markets lead chip sales increase of 32.9% in January, says SIA
Semiconductor Business News
(03/08/00, 09:30:13 AM EDT)
SAN JOSE -- Worldwide sales of semiconductors reached $14.8 billion in January, increasing from $11.1 billion from January 1999, the Semiconductor Industry Association (SIA)reported today.
Last year, the industry grew an anemic 1.2% over the year before (see March 15, 1999 story ).
The total market year-to-year growth is 32.9% compared to the same three-month moving average of January 1999. In the Asia-Pacific and Japan markets, the industry grew at 45.9% and 43.2%, respectively from last year. The Americas market was up 25.1% from last year, and Europe's sales grew at 21.5%.
"The chip industry is off to a strong start for year 2000," said George Scalise, SIA president. "January sales were stronger than traditional seasonal patterns. Traditionally, January sales tend to be weak; however, these sales numbers convincingly illustrate the continuation of our industry's growth pattern that commenced in mid-1998," added Scalise.
Semiconductor telecommunication products, flash and digital signal processors (DSP) continued to lead in sales and exhibit strong growth, the SIA said.
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