The Semiconductor Industry Association has reported that January's global semiconductor sales have increased 9.2% when compared to the same period last year. The increase has largely been attributed to personal computers, digital cameras, and cell phone sales which have all seen boosts.

"Purchasers of personal computers continue to reap large benefits from the steady decline in prices of semiconductors achieved through advances in technology," said SIA President George Scalise in a statement.

Semiconductors are found in almost all electronic devices, and its sales tend to reflect quite well the current status of the whole hardware industry. If this trend continues the SIA is more than likely to meet the 10-15% growth forecast for 2007.