Semiconductor sales up 5.3% during July

By on
According to the Semiconductor Industry Association (SIA), worldwide semiconductor sales rose 5.3% in July. SIA believes this increase echoes a rising demand for products like netbooks and mobile handsets. Global semiconductor sales were marked at $18.2 billion during July, an improvement over June's recorded $17.2 billion. Nevertheless, sales were down 18.2% year-over-year in July.

SIA President George Scalise offered a statement on the subject, "The fifth-consecutive month of sequential increases in semiconductor sales reflects improving demand in the consumer sector." Scalise added that the consumption of IT products by the enterprise segment "continue to be tempered by caution and longer replacement cycles."

Scalise sees evidence of a return to seasonal industry patterns -- a potential relief. The semiconductor industry has ailed amid the unstable global economy. IT companies have responded by restructuring and reducing workforce to lessen spending.

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.