U.S.-based Semiconductor Industry Association has high hopes for chip revenue in
2004, as January got the year off to a good start.
Worldwide sales of semiconductors reached US$15.5 billion during the first
month of the year, up 26.6 percent from the US$12.3 billion in sales raked up in
January of 2003, the SIA said this week. The Asia-Pacific region, propelled by
China, led the growth with a 34 percent rise, while the Americas saw the
smallest increase, 15 percent.
In the year ahead, SIA said, demand from the communications, computer and
consumer sectors will continue to boost chip sales, with
consumers migrating to new mobile technologies and businesses spending more on
information technology systems. Market research company Gartner recently
predicted that global chip revenue in 2004 would grow to US$217 billion from last year's
also acknowledged that chip sales in January dipped from their levels in
December, a decline of 3 percent from US$16 billion. But it attributed that
falloff to the expected "seasonality" in the semiconductor industry. For more
than a decade, with the exception of the boom year 2000, sales have been
slightly lower in January than December, the association said.
"We continue to expect sales for all of 2004 to meet the current forecast of
19.4 percent with broad-based strength in all major end-markets, especially
computation, communications, global consumer and automotive," SIA President
George Scalise said in a statement.