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Semiconductor Sales Rise While Prices Fall

Main growth in Asian-Pacific region

By Laila Weir,  Newser User

Posted Dec 3, 2007 1:52 PM CST

(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.

In this photo released by the Samsung Electronics Co., South Korean employees of Samsung Electronics Co. work at the resumed assembly line at semiconductor plant in Suwon, south of Seoul, Monday, Aug. 6, 2007. Samsung Electronics Co., the world's largest chip maker, said Monday it expects to meet production targets...
In this photo released by the Samsung Electronics Co., South Korean employees of Samsung Electronics Co. work at the resumed assembly line at semiconductor plant in Suwon, south of Seoul, Monday, Aug....   (Associated Press)
Tainan, TAIWAN: An engineer of United Microelectronics Corp (UMC) checks a 12-inch wafer at a UMC wafer factory in Tainan Science Park, southern Taiwan, 28 April 2006. UMC is the the world's second largest contract microchip maker, specializing in the contract manufacturing of customer designed ICs for high performance semiconductor...
Tainan, TAIWAN: An engineer of United Microelectronics Corp (UMC) checks a 12-inch wafer at a UMC wafer factory in Tainan Science Park, southern Taiwan, 28 April 2006. UMC is the the world's second largest...   (Getty Images (by Event))
In this photo released by the Samsung Electronics Co., South Korean employees of Samsung Electronics Co. work at the resumed assembly line at semiconductor plant in Suwon, south of Seoul, Monday, Aug. 6, 2007. (AP Photo /Samsung Electronics, HO)
In this photo released by the Samsung Electronics Co., South Korean employees of Samsung Electronics Co. work at the resumed assembly line at semiconductor plant in Suwon, south of Seoul, Monday, Aug....   (Associated Press)
The new single chip GeForce 7150 GPU for Intel processor-based motherboards  delivers improved system performance over traditional integrated graphics  solutions and offers consumers an enhanced 3D graphics experience for  today's popular home and business applications.  (PRNewsFoto/NVIDIA)
The new single chip GeForce 7150 GPU for Intel processor-based motherboards delivers improved system performance over traditional integrated graphics solutions and offers consumers an enhanced 3D graphics...   (Associated Press)
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