LONDON The three-month average of global chip sales for April is set to be $22.9 billion down slightly from $23.06 billion recorded for March, according to analysts at Carnegie Investment Bank AB (Oslo, Norway).
This would still represent a rise of 46 percent year-on-year compared to a rise of 58 percent achieved in March, as the industry continues to compare itself against the extreme sales drop experienced in 2009.
The Carnegie analysts said that memory chip sales improved in April due to stronger prices, although the PC market slowed with a 3 percent month-on-month drop in Chinese PC production. Car production also dipped slightly in April after strong production in March. Handset chip sales are also expected to have been flat.
Despite the strong start to the year, Carnegie continues to say it expects 2010 chip sales to rise 18 percent compared with 2009. Most analysts have adjusted global chip annual sales growth upwards into the 20s of percent or even 30-plus percent. The third quarter traditional shows sequential growth of 5 to 10 percent over the second quarter.