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Semiconductor sales climb in November

Worldwide sales of semiconductors climbed 2.3 percent in November, as high oil prices and spreading mortgage woes did not dissuade gadget buyers. But annual growth for the the semiconductor industry could still fall short of forecasts, George Scalise, president of the San Jose-based Semiconductor Industry Association said in a release today.

"Early indications are that consumer products with high semiconductor content such as LCD TVs, PMP and MP3 players, along with digital cameras all sold well in the holiday buying season," Scalise said. Semiconductor sales are also being driven by the purchase of cell phones and personal computers. Sales of cell phones are expected to grow by more than 20 percent in 2007 for the fifth-consecutive year, and sales of personal computers are expected to grow by 10 percent. The growth was not spread evenly around the globe, however. According to the association, year-to-year sales in the Americas fell 3.9 percent, while sales in Europe fell .3 percent. Meanwhile, sales boomed in Japan, rising 6.9 percent, and in Asia Pacific, where they increased 3.8 percent.

SiliconValley.com

Posted by | Mon, Dec 31, 2007 - 11:39 AM