LONDON — The three-month average of global chip sales for August is set to be $25.3 billion, compared with $25.2 billion in July, according to Bruce Diesen, an analyst at Carnegie Group (Oslo, Norway).
This would represent a 31 percent rise over August 2009, which compares to a 37 percent annual rise enjoyed in July.
Diesen interpreted this as a "sales slip" and a relaxation compensating for a stronger than trend July. He said logic and memory chips for PCs were likely the weakest area while analog chips in general were showing reducing leads times and would have been prone to destocking in August. Chips for handsets rebounded in August while sales into automotive applications were likely flat.
"We are raising our 2010 chip sales forecast from 24 percent to 25 percent, measured in dollars, since the slowdown is less than we have factored in," Diesen said in a note.
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