SIA: Oct. chip sales meltdown in West

Dec. 1, 2008 – Worldwide sales of semiconductors that slowed significantly in September kept on slowing in October, particularly in the Americas region, according to the latest data from the Semiconductor Industry Association (SIA).

Total chip sales in October (a three-month average) totaled $22.47 billion, down -2.1% from September and -2.4% from October 2008. Year-to-date, chip sales show 2.6% growth from Jan-Oct. 2007, narrowing closer to the group’s recently revised outlook of 2.2% growth for 2008,