SAN JOSE, Calif. " Worldwide unaveraged monthly chip sales reached $12.2 billion in July, an increase of 10.9 percent over sales in July 2002, according to statistics published by the Semiconductor Industry Association (SIA).
"Raw" July sales revenue was lower than the $12.905 billion released earlier this week. That's because the previous total is a three-month monthly average of sales in May, June and July. The SIA, and others, report three-month moving averages of monthly sales activity to smooth variations due to companies' sales reporting calendars that can inflate March, June, September and December numbers.
Despite "actual" sales figures that are lower than the averaged number, the raw numbers indicate stronger growth in the industry than the averaged sales figure, which was 10.5 percent above the equivalent 2002 figure.
"Actual" worldwide July chip sales were 10.9 percent ahead of the same month a year ago.
Chip sales covering the seven-month period from January to July totaled $86.4 million, 11.8 percent ahead of the sales of $77.3 million in the same period in 2002.
However, geographical disparity that has typified the patchy recovery in the semiconductor market continued, with growth strong in the Japan, Asia-Pacific and European regions but declining in the Americas region. In July, as in every other month in 2003, chip sales in North and South America were less than in the same month a year before.
July chip sales in the Americas region totaled $2.17 billion, $2.32 billion in Europe, $3.09 billion in Japan and $4.62 billion in the Asia-Pacific region, according to the SIA's "raw" data.