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October chip sales up 5.1%, yearly figures looking better than expected

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On November 30, 2009, 5:29 PM EST

According to data from the Semiconductor Industry Association (SIA), worldwide chip sales rose 5.1% to $21.7 billion in October from September. October is historically a strong month for the semiconductor industry, and improvements were seen in all geographic regions. Europe reportedly grew the most, with a 7.5% sequential increase .

Although October's figures exceeded expectations, sales were still down 3.5% on-year. For the first 10 months of 2009 chip sales were $180 billion, 16.6% less than the $215.8 billion recorded in 2008. That loss has been pinned on the weathered market -- though, SIA president George Scalise believes October's growth reflects an overall recovery of the global economy.

SIA expects 2009 sales to total $219.7 billion, a 11.6% decrease from 2008 -- yet more optimistic than the previously predicted decline of 21%.

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User Comments (18)

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klepto12
on November 30, 2009
5:41 PM

well atleast we are starting to see the recession slow down and come back to normal but if only other things would come back to normal

Reply

KG363
on November 30, 2009
5:48 PM

I hope things go back to normal. Companies can manufacture more chip which mean lower prices and more sales.

Reply

rgdot
on November 30, 2009
6:04 PM

Windows 7 and others like Snow Leopard pushing out new computer sales? could be at least one catalyst.

Reply

Boogityboo04
on November 30, 2009
6:10 PM

Heh, I contributed to that number this last weekend. i5, here I come!

Reply

Heretic
on November 30, 2009
6:58 PM

I'm not surprised. After a recession like the one we had, the only real way to go is back up. New technology is only part of it. It has to be priced affordably. The new cores are looking pretty awesome though. I'd want one even if at the prices they're at right now.

Reply

IvanAwfulitch
on November 30, 2009
7:41 PM

Well...THAT'S some good news. It's about darn time too. We're still sort of where we were about 10 years ago in the 90s in terms of the stock market in general, but at least it looks like things are on the way back up.

Reply

TechDisciple
on November 30, 2009
11:25 PM

errr... Chip sells go up, I just hope jobs go up as well :\

Reply

ET3D
on December 1, 2009
2:27 AM

It's good that chips sold well. How did fish sell?

I wonder what chips make the bulk of the sales.

Reply

freedomthinker
on December 1, 2009
3:30 AM

This is not really surprising , people love to buy these kind of things now that technologies are getting more and more advanced

Reply

Razerblade
on December 1, 2009
4:20 AM

At the moment companies are now showing that sales are going up but jobs are still going down!

Reply

BlackIrish
on December 1, 2009
6:43 AM

It must be because of Atom :p

Reply

yorro
on December 1, 2009
7:07 AM

People just love to mess with technology, even with the recession.

Reply

timljh
on December 1, 2009
10:57 AM

the chip sales up but why is it the economy still the same T_T

Reply

TorturedChaos
on December 1, 2009
11:29 AM

hopefully this is a good sign that things might level out and even begin to swing back up :P.

Reply

PUTALE
on December 1, 2009
12:09 PM

probably due to the good review from intel core i5.

Reply

claycc
on December 1, 2009
1:17 PM

My personal budget is still too tight to be considering hardware upgrades but it is good to hear glimpses of things getting better. Netbooks have become really popular with their cheap Intel Atom setup. AMD has also been offering a lot of solid CPUs for people on a tight budget.

Reply

ken777
on December 1, 2009
7:28 PM

I hope semi mfgs start ramping production to meet this better than expected demand and overshoot so we have a supply glut again. DRAM and NAND flash prices have gone up a lot in the last 6-12 months. I like my memory and SSDs cheap!

Reply

buttus
on December 3, 2009
7:55 AM

The tech sector has been hit SO hard by this damned recession that any good news is a relief. At least things are improving and baby steps forward are better then none.

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