Chip Sales Grow 5.8% in June Quarter; Strong Wireless and Consumer Sectors Lead June Sales.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Aug. 2, 2002 Quarterly sales increased 5.8% to $11.35 billion in the June June: see month. quarter from $10.73 in the March quarter, the Semiconductor Industry Association reported today. "The semiconductor industry is continuing the recovery that started late last year and we are encouraged by the progress we have made pulling out of the 2001 downturn Downturn The transition point between a rising, expanding economy to a falling, contracting one. downturn A decline in security prices or economic activity following a period of rising or stable prices or activity. ," stated SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor president, George George, river, c.345 mi (560 km) long, rising in a lake on the Quebec-Labrador boundary, E Canada. It flows N through Indian Lake (125 sq mi/324 sq km) to Ungava Bay (an arm of Hudson Strait). Scalise. He added, "While computer and computer-related sector demand is lagging Lagging Strategy used by a firm to stall payments, normally in response to exchange rate projections. , wireless and consumer sectors continue to strengthen. These two leading sectors are stimulating strong sales in Flash, digital signal processors A digital signal processor (DSP) is a specialized microprocessor designed specifically for digital signal processing, generally in real-time computing. Characteristics of typical Digital Signal Processors
This month, strong growth in the digital consumer sector led the sales increase in Japan, while the Asia/Pacific markets continue to benefit from outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. for board level and box manufacturing, which is especially strong in China. Sales in the Americas A·mer·i·cas , the See America. were impacted by the slowness of the recovery in the PC markets, while the shake out and restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). of the telecom markets, in addition to a slow PC market, has inevitability had a short term effect on revenues in Europe Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). .In June, the SIA released its mid-year market forecast providing an overview of an industry-wide recovery that is currently under way. Sales in 2002 are still expected to result in approximately 3% growth from 2001, and the SIA continues to expect the growth rate to accelerate to 23.2 percent in 2003 and 20.9 percent in 2004 with wireless and digital consumer products leading the growth of sales. The SIA's Global Sales Report (GSR See Gigabit Switch Router. ) is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS WSTS World Semiconductor Trade Statistics WSTS World Sea Trade Service WSTS Weeping Silently to Self (chat) WSTS Women Science Technology and Society WSTS Weapon System Trade Study WSTS White Sands Tracking Station ) organization, which represents approximately 66 companies. The moving average is a mathematical smoothing technique that mitigates variations due to companies' monthly financial calendars. About the SIA The SIA is the leading voice for the semiconductor industry and has represented U.S.-based manufacturers since 1977. SIA member companies comprise approximately 90% of U.S.-based semiconductor production. Collectively, the chip industry employs a domestic workforce of 284,000 people. More information about the SIA can be found at www.sia-online.org. ---------------------------------------------------------------------- June 2002 ---------------------------------------------------------------------- Billions ---------------------------------------------------------------------- Month-to-Month Sales ---------------------------------------------------------------------- Market Last Month Current Month % Change ---------------------------------------------------------------------- Americas 2.65 2.58 -2.4% ---------------------------------------------------------------------- Europe 2.24 2.14 -4.1% ---------------------------------------------------------------------- Japan 2.33 2.45 5.4% ---------------------------------------------------------------------- Asia Pacific 4.16 4.17 0.2% ---------------------------------------------------------------------- Total 11.37 11.35 -0.2% ---------------------------------------------------------------------- ---------------------------------------------------------------------- Year-to-Year Sales ---------------------------------------------------------------------- Market Last Year Current Month % Change ---------------------------------------------------------------------- Americas 2.90 2.58 -10.9% ---------------------------------------------------------------------- Europe 2.50 2.14 -14.3% ---------------------------------------------------------------------- Japan 2.92 2.45 -15.9% ---------------------------------------------------------------------- Asia Pacific 3.22 4.17 29.5% ---------------------------------------------------------------------- Total 11.54 11.35 -1.6% ---------------------------------------------------------------------- ---------------------------------------------------------------------- Three-Month-Moving Average Sales ---------------------------------------------------------------------- Market Last 3 Months Current 3 Months % Change ---------------------------------------------------------------------- Americas 2.61 2.58 -1.0% ---------------------------------------------------------------------- Europe 2.26 2.14 -5.0% ---------------------------------------------------------------------- Japan 2.11 2.45 16.3% ---------------------------------------------------------------------- Asia Pacific 3.76 4.17 11.0% ---------------------------------------------------------------------- Total 10.73 11.35 5.8% ---------------------------------------------------------------------- |
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