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Chip market grew in August, says analyst
Posted on Wednesday, November 7th, 2007 at 5:42 pm

 

LONDON The three-month average of global chip sales climbed to $21.45 billion in August, up from $20.6 billion in July, according to Bruce Diesen, an analyst with Terra Securities ASA. However, unadjusted year-on-year sales are set to have risen 4.8 percent in August, down from the 11.3 percent jump in July when year-on-year comparisons were particularly easy, he said in a note to clients.

August sales are likely to have been helped by strength in sales of chips for PCs, automobiles, LCD TV and higher prices for memory, Diesen said.

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