Worldwide semiconductor sales hit $12.68 billion in November, a 1.3% sequential increase from the $12.51 billion in revenue reported in October 2002, according to the Semiconductor Industry Association.
The month-to-month climb continued the trend that began in the fourth quarter of 2001. November sales are up 19.6% from November 2001 sales of $10.60 billion.
"The November sales of the global chip industry underscores the healthy recovery that has been building momentum through out this year," said SIA President George Scalise in a released statement. "The wireless sector continues to be the strongest single market."
Flash and digital signal processors were up 6.6% and 3.7% in November. Wi-Fi has begun to contribute to the strength of this market, the SIA said. The computer segment continues to show growth with microprocessors up 0.5% and DRAM???s increasing by 5.8%.
Chip sales rose 5.8% in November in the European market and 1.3% in Asia Pacific. Semiconductor sales in the Americas declined slightly by 0.8% and 0.6% in Japan.
The SIA's Global Sales Report (GSR) is a three-month moving average of sales activity.