Global Chip Sales Increase 5.3 Percent Month-on-Month

SAN JOSE, CA – August 31, 2009 – Worldwide sales of semiconductors in July were $18.2 billion, an increase of 5.3 percent from June 2009 when sales were $17.2 billion, the Semiconductor Industry Association (SIA) reported today. SIA noted that the year-on-year rate of decline has moderated as the year has progressed. The first six months of 2009 saw an average monthly year-on-year decline of approximately 25 percent, while July 2009 sales were 18.2 percent lower than July 2008. All monthly sales numbers represent a three-month moving average of global semiconductor sales.

“The fifth-consecutive month of sequential increases in semiconductor sales reflects improving demand in the consumer sector,” said SIA President George Scalise. “Sales of consumer products such as netbook PCs and cell phones are supporting the modest recovery in demand that is now under way. Purchases of Information Technology products by the enterprise sector continue to be tempered by caution and longer replacement cycles. There is also evidence of a return to seasonal industry patterns,” Scalise concluded.

Month-on-month sales increased in all geographic sectors in July.

http://www.sia-online.org/cs/papers_publications/press_release_detail?pressrelease.id=1639

 

The "consumer sector" equals HFT, algo and day traders.

 

+2 ... ROTFLMAO ... Put me down for a dual core... to go...



HAVE STOP <img src="http://www.enflow.com/p.gif"> WILL TRADE

 

So will they as breathlessly report if September sales stagnate tightly following the stock market, and if October plunges?