Friday, October 23, 2009

Semiconductor sales power up

Semiconductor sales jumped 5% in August to $19.1 billion, the he Semiconductor Industry Association (SIA) reported earlier in the month.

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“Continuing recovery of consumer spending led the sixth-consecutive month of sequential growth in semiconductor sales,” said SIA President George Scalise. “Various incentive programs for energy-efficient products, ranging from automobiles to home appliances, have bolstered demand for semiconductors, which deliver critical enabling technology for reducing energy consumption.

Growing sales of netbook personal computers have also helped, Scalise continued.  “Notwithstanding the slow recovery of demand from the enterprise sector, we are encouraged that industry momentum has turned positive following the steepest downturn in more than a decade,” he concluded.

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