San Jose, CA — For the second month in a row, worldwide sales of semiconductor rose, according to the Semiconductor Industry Association (SIA). Sales in November reached $10.60 billion, an increase of 1.6 percent over October’s figure of $10.44 billion.
“Our forecast released in November calls fourth quarter sales to be 4.7 percent higher than the third quarter and with two months of data now in, we are on target to meet that projection,” said George Scalise, SIA president. “Personal computers, wireless communications, consumer products and automotive continue to fuel semiconductor sales and lead the industry out of its year long recession.”
Compared to October, November sales in the European region increased the most at 5.3 percent, while the Asian Pacific market grew 2.5 percent. Sales in the Americas remained flat and sales in Japan were down one percent.