SIA 2006 semiconductor sales set record |
|
|
|
Published
:
Fri, 02 Feb 2007 19:41
|
SAN JOSE, Calif. (AFX) - Industry trade group the Semiconductor Industry Association said Friday that semiconductor sales reached a record level in 2006, thanks to strong economic conditions and feverish demand for consumer electronics.Sales for the year were $247.7 billion, up 9 percent from $227.5 billion in 2005.'2006 was the 'Year of the Consumer' in the electronics industry,' said SIA President George Scalise. 'Sales growth was largely driven by popular consumer products such as cell phones, MP3 players, and HDTV sets -- all products that have proliferated as semiconductor technology has enabled dramatically lower costs coupled with improved functionality.'The group said semiconductor sales in December 2006 were $21.7 billion, up 9 percent from $22.5 billion in December 2005, and down 3.6 percent from November 2006.Fourth-quarter sales reached $59.9 billion, up 1.9 percent sequentially from the third quarter.Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
Print this Story
Singapore's Chartered Semiconductor's Q4 net profit slumps 75.8 pct 