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Chip sales continue record-breaking run in July at $17.3 billion
By J. Robert Lineback
Semiconductor Business News
(09/05/00, 08:49:13 AM EDT)
SAN JOSE -- Worldwide chip sales smashed another record in July, climbing to an all-time high of $17.3 billion in the month, said new data released today by the Semiconductor Industry Association (SIA).
Chip revenues jumped 50% from $11.5 billion in July 1999 and increased 5.4% from $16.65 billion in June, based on the SIA's three-month moving average of worldwide sales. Semiconductor sales grew 57.3% in the Asia Pacific and 52% in Japan compared July 1999, said the SIA monthly report. Chip sales in the Americas were up 46.1%, while the European market saw an increase of 46.5%, said the new report.
"Once we tally sales in the final four months of 2000, we are confident the industry will reach our forecast of 31% growth this year," said George Scalise, president of the SIA. In June, the San Jose-based trade group raised its forecast for growth in 2000 to 31%, predicting chip sales will reach $195 billion this year (see June 7 story).
While the semiconductor industry continues to gain momentum this summer, some industry analysts have begun to revise their forecasts for growth to the 40% range. Most of the growth so far this year has been driven by higher unit volumes, but increases DRAM prices are expected to accelerate sales totals in the final months of 2000 as shortages begin to appear (see Aug. 24 story).
In July, semiconductor sales grew 57.3% to $4.46 billion in the Asia Pacific region from $2.83 billion in the month last year, said the SIA billings report. July's sales in the region were 4.7% higher than $4.26 billion in June, based on the SIA's three-month average.
In Japan, July sales reached $3.89 billion, an increase of 52% from $2.56 billion in the month last year and 5% from $3.71 billion in June. The Americas chip market grew 46.1% to $5.52 billion in July from $3.78 billion in the month last year. Americas' semiconductor sales were up 5.4% from $5.23 billion in June, said the SIA report. Europe's sales grew 46.5% to $3.45 billion in July from $2.35 billion, but revenues in the region were flat compared to June, according to the report.
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