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Oct chip sales exceed $20 b

Our Bureau

Coimbatore , Dec. 5

THE Semiconductor Industry Association (SIA) has put global chip sales at over $20 billion in October 2005. The record sales, which are 6.75 per cent higher than $18.8 billion posted in the year-ago period, have been driven higher sales of consumer products such as cell phones, MP3 players, digital cameras, digital TVs and personal computers, said the SIA president, Mr George Scalise..

He said the demand for semiconductors was strong in all the sectors. All the semiconductor product lines tracked by the SIA saw sequential sales increases in October.

. SIA's global sales report (a quarterly average) reveals that the highest percentage of change (month-on-month) was in the US at 4.3 per cent, followed by Europe at 4 per cent and Asia-Pacific at 2.1 per cent.

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