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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (4691)	12/30/2002 8:44:14 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Worldwide IC sales grow 1.3% in November, says SIA By Mark LaPedus, Semiconductor Business News December 30, 2002 SAN JOSE--Global semiconductor sales reached $12.68 billion for the month of November, a mere 1.3% increase from $12.51 billion in October, according to new figures from the Semiconductor Industry Association (SIA) here today. November sales are up 19.6% from $10.60 billion in the like period a year ago, according to the San Jose-based trade group. The SIA's Global Sales Report (GSR) is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, which represents approximately 66 companies The November figures represent a small but gradual growth trend that began in the fourth quarter 2001. Global semiconductor sales reached $12.5 billion in October 2002, a 1.8% sequential increase from the $12.3 billion in revenue achieved in September 2002 and a 20% increase from the $10.4 billion total recorded in October 2001, according to the SIA (see Nov. 29 story ). “The November sales of the global chip industry underscores the healthy recovery that has been building momentum through out this year,” said SIA President George Scalise. “The wireless sector continues to be the strongest single market,” he said in a statement. The wireless sector has been the best performer in the industry. Flash memory and digital signal processors (DSPs) were up 6.6% and 3.7% in November, respectively, according to the SIA. In addition, wireless LANs begun to contribute to the strength of this market. The computer segment continues to show growth, with microprocessors up 0.5% and DRAMs increasing by 5.8%, they said. Chip sales rose 5.8% in the European market and 1.3% in Asia Pacific in November. Semiconductor sales in the Americas declined slightly by 0.8% and 0.6% in Japan, they added.