LONDON -- Worldwide chip sales figures for February 2004, due to be published Thursday (April 1, 2004) as a three-month moving average, have been predicted to come in at $15.25 billion by analysts at Handelsbanken Capital Markets.
In a report issued a few days ahead of the expected publication of worldwide semiconductor market data for February by World Semiconductor Trade Statistics (WSTS) and the Semiconductor Industry Association (SIA), the analysts said they expected worldwide chip sales in January to have a three-month moving average down by $300 million from the $15.55 billion recorded against January by the SIA.
A month previously Handelsbanken analysts predicted that the SIA would come out with a $15.65 billion moving average (see February 26 story).
Although a February average of $15.25 billion would be a decline, on a seasonally adjusted basis it is 4 percent better than January according to the report and would mark the best sales month since December 2000, Handelsbanken said.
The report said February strength would be based on strongly rising PC chip sales simulated by processor price cuts implemented by Intel Corp. on February 1; continuing strength in chips for handsets which are running at quarterly run rate just above 140 million; and continuing strength in consumer electronics with flat-screen televisions proving particularly popular.
Handelsbanken Capital Markets is a business unit of Svenska Handelsbanken AB, based in Stockholm, Sweden.