Semiconductor global sales rise

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By  Published  September 15, 2006

Worldwide sales of semiconductors totalled US$20.1 billion in July, up over 11.5% from July 2005, the Semiconductor Industry Association (SIA) reported this month.

July’s sales represent an increase of 1.8% from the US$19.8 billion in sales reported in June 2006, the US association said.

“The worldwide semiconductor industry is on track to surpass $240 billion in sales this year, which represents a new record,” said George Scalise, president of SIA.

“Growth continues to be strong across a broad range of end markets and geographic regions as well, particularly Asia Pacific which is up over 13% year-on-year, and the US where sales increased almost 18% over last year,” Scalise went on to add.

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