LONDON The three-month moving average of global chip sales is expected to come in at $15.1 billion for January, down from the $17.7 billion achieved in December 2008, according to analysts at Carnegie Group (Oslo, Norway).
Actual January chip sales probably fell 35 percent year-on-year compared to the 29 percent fall recorded in December, according to Bruce Diesen at Carnegie.
Diesen said he expects chip sales in 2009 to fall by 13 percent as expressed in dollar terms.
The official figures from the World Semiconductor Trade Statistics (WSTS) organization is expected to be published over the weekend.
Carnegie says a major reason for the decline is that Chinese technology exports were very weak in January. However, he notes Korean tech exports did not weaken further. Singapore’s tech sector also stabilized in January.
"We estimate that Nokia cut production in Hungary slightly less in January. Tech production cutbacks are biggest in Japan, it seems, due to a slower reaction to faltering sales, plus a strong currency," said Diesen.