In the first quarter, U.S. factory sales of electronics equipment, semiconductors, components, and other related products increased 10.6 percent to $118.7 billion compared with $107.3 billion in the same period last year, according to new data released Friday by the Electronic Industries Alliance.
"These first quarter results are higher than our original forecasts, indicating a continuation of the double-digit growth we have been experiencing over the past few years," said Peter F. McCloskey, president of the alliance.
Electronic components sales, including semiconductors, rose 6.1 percent to $37.5 billion vs. $35.3 billion in the first quarter of 1997, based on the alliance's data.
The report says U.S. factory sales of consumer electronics grew 3.9 percent to $2.5 billion compared with $2.4 billion in the first three months of 1997. Telecommunications sales grew 16.6 percent to $16.2 million compared with $13.9 billion.
Defense communications rose 11.4 percent to $7.76 billion vs. $6.96 billion. Computer and peripheral sales were up 18.1 percent to $24.9 billion compared with $21.1 billion in the first quarter of 1997.
Electromedical equipment sales grew 9 percent to $2.9 billion in the first quarter compared with $2.6 billion last year. Industrial electronics revenues were up 3.5 percent to $8.5 billion compared with $8.2 billion in the first quarter of 1997.