LONDON November was another good month for global sales of semiconductors, with a 2.3 percent increase over the same period last year to $23.1 billion, according to the Semiconductor Industry Association (SIA).
Sales increased by 0.7 percent from the October 2007 worldwide revenues of $22.9 billion. Year-to-date sales of $231 billion are 2.8 percent ahead of the $225 billion in sales for the like period of 2006.
"Early indications are that consumer products with high semiconductor content such as LCD TVs, PMP and MP3 players, along with digital cameras all sold well in the holiday buying season," said SIA President George Scalise. "These products are all finishing the year with very healthy unit sales increases. Cell phone unit sales in 2007 will grow by over 20 percent for the fifth-consecutive year, while unit sales of personal computers will grow by more than 10 percent. "
Scalise said rising energy prices and concerns about sub-prime lending issues do not seem to have had a major impact on consumer spending on electronic products during the holiday buying season. However, he warned that while total semiconductor sales continue on pace to surpass the record level of 2006, "it will take very strong sales in December to meet our forecast of 3.8 percent growth in 2007."
And he added that even though unit demand has been very robust, average selling prices fell in several important product segments. "Pricing pressure in the memory sector continues to impact industry sales. DRAM bit shipments, for example, increased by 25 percent in the three months leading up to mid-December while ASPs declined by 20 percent during the same time period."
Microprocessor sales increased by 5.8 percent month-on-month and by 7.4 percent from November of 2006. The SIA said strong PC unit demand contributed to a 2.6 percent sequential increase in microprocessor unit shipments and a 3.2 percent increase in ASPs.