Tuesday, October 04, 2005

Tues - Micro chip record predicted

Global chip sales are on track to beat their record year of 2004 according to the Semiconductor Industry Association.

The body reported that sales rose sharply in August to $18.6bn, up 3.2% from the $18bn reported in July, and 1.7% higher than the $18.3bn recorded in August 2004.

Year-to-date chip sales were $144.4bn, up 5.8% on the 2004 running total at this stage of $136.5bn.

PC unit sales are running ahead of earlier forecasts, boosting sales of microporcessor and D-Ram chips. Flash memory sales have also risen sharply thanks to the growth in sales of mobile phones and consumer electronic products like MP3 players.