Global semiconductor sales reached $12.2 billion in January 2003, a 2.4 percent decrease from the $12.5 billion in revenue reported in December 2002, and a 22.0 percent increase from the $10.0 billion total recorded in January 2002.
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“For more than a decade now, with the exception of the boom year 2000, sales have been slightly lower in January than December because of the seasonality of the semiconductor industry,” stated SIA President George Scalise. “We continue to forecast double digit revenue growth for 2003 and broad-based strength in our industry, driven by a recovery in information technology (IT) spending, a fast-paced global wireless market and the emergence of new growth sectors, including Wi-Fi and broadband networks using advanced semiconductor technologies.”
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The three-month average of worldwide bookings in January 2003 was $742 million. The bookings figure is 10 percent below the revised December 2002 level of $827 million, yet 15 percent above the $645 million in orders posted in January 2002.
The three-month average of worldwide billings in January 2003 was $806 million. The billings figure is 8 percent below the revised December 2002 level of $878 million and 1 percent above the January 2002 billings level of $800 million.