Worldwide Semiconductor Sales Rose 33% in February, SIA Says
San Jose, California, April 6 (Bloomberg) -- Worldwide sales of semiconductors climbed 33 percent in February from a year ago, led by rising demand in Japan and the Asia Pacific region, the Semiconductor Industry Association said.
Sales in February were $14.6 billion, up from $10.9 billion in February 1999, the SIA reported. Asia Pacific sales rose 45 percent, while sales in Japan jumped 43 percent, the industry group said.
``The year-to-year growth of semiconductor sales indicates a strong 2000 for the chip industry,' said SIA president George Scalise. Sales rose 19 percent in 1999 and are expected to climb 20 percent this year, fueled by demand for personal computers, devices like cell phones and chips that power networks.
Intel Corp., the No. 1 maker of computer chips, fell 3/4 to 129 1/8 in midday trading. Micron Technology Inc., the largest U.S. maker of computer-memory chips, rose 1 9/16 to 132 9/16. Motorola Inc. rose 3/4 to 147 3/4, and Texas Instruments Inc. rose 9 9/16 to 159 9/16.
Apr/06/2000 12:18 |
