Global semiconductor sales up 56 pct in February

Worldwide semiconductor sales rose by 56.2 percent in February, extending a recovery in chip sales, with the lift mainly coming from demand for electronic goods in emerging economies, a trade group reported Monday.

The Semiconductor Industry Association said chip sales rose to $22 billion in February from the prior year. But it was down slightly from January's $22.3 billion. Chip sales hit a trough early last year, enhancing the year-over-year gain.

Sales in the Asia Pacific region excluding Japan led the recovery, up 78.6 percent to $12.1 billion in February from the prior year. Sales in the Americas followed rose 47.8 percent to $3.6 billion. Europe and Japan sales gained 36.5 percent and 23.7 percent respectively, to $2.9 billion and $3.4 billion.

Read Full Article from The Associated Press

- Posted: 2010-04-05 11:06:43

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