News Article
January IC Sales Up 22%
The World Semiconductor Trade Statistics organisation reported a 22% year-on-year increase in its January 2003 world sales figures. The January total was $12.2bn consisting of $2.47bn for Europe (+16.0%), $2.71bn for Japan (+34.0%), $4.51bn for Asia-Pacific (+32.6%) and $2.54bn for the Americas (+2.8%).
The World Semiconductor Trade Statistics organisation reported a 22% year-on-year increase in its January 2003 world sales figures. The January total was $12.2bn consisting of $2.47bn for Europe (+16.0%), $2.71bn for Japan (+34.0%), $4.51bn for Asia-Pacific (+32.6%) and $2.54bn for the Americas (+2.8%).
George Scalise, president of the US Semiconductor Industry Association (SIA), commented: “We continue to forecast double digit revenue growth for 2003 and broad-based strength in our industry driven by a recovery in information technology (IT) spending, a fast-paced global wireless market, and the emergence of new growth sectors, including Wi-Fi (802.11) and broadband networks using advanced semiconductor technologies.”