Chip sales up in July

Global chip sales in July are believed to have increased by a seasonally adjusted 6 percent over the previous month, according to analyst Bruce Diesen at Carnegie Group (Oslo, Norway). He is expecting that the three-month moving average of global chip sales to be $17.5 billion, compared to $17.2 billion achieved in june. However, compared to June 2008, chip sales are down 21% this year.




Diesen suggests that handset chips, which were weak in June, probably improved more than PC chips. Chinese handset sales improved in July. Memory chips were aided by the trend of more memory per handset including 16GB NAND memory in the third quarter of this year. He also said automotive chips should improve because different governmental initiatives.