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Semiconductor Sales Rise While Prices Fall  

Posted Dec 3, 07 1:52 PM CST in Business,  Technology    Most Covered

(newser) – Semiconductor sales in October went up 5% worldwide from last year, thanks to strong growth in the Asian-Pacific region and Japan, and an industry association forecasts 3.8% growth for the year, reports the Wall Street Journal. Meanwhile prices have dropped rapidly -- "Consumers are reaping huge benefits from continued rapid price attrition," said the association president.

October sales reached $23.1 billion, up from $22 billion last year and $22.6 billion in September. Chip sales increased 8.5% in the Asian-Pacific region, 6.6% in Japan and 2.2% in Europe, while sales fell by 3.1% in the Americas. U.S. retailers reported strong consumer electronics sales on the day after Thanksgiving.

Source Wall Street Journal

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Read the press release from the Semiconductor Industry Association
Sia-online.org | Dec 3, 07

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