Semiconductor sales dropped more sharply in November

The decline in semiconductor sales accelerated in November, an industry body reported Friday.

The decline in semiconductor sales accelerated in November, an industry body reported Friday.

While worldwide sales of semiconductors rose by 0.2 percent for the first eleven months of 2008 compared to 2007, they slowed in the latter part of the year, dropping more steeply in November than they had in October.

Sales for November fell to US$20.8 billion, 9.8 percent down from the US$23.1 billion recorded in November 2007, according to the Semiconductor Industry Association (SIA). That's a faster rate of decline than that seen in October, when sales declined 7.2 percent year on year.

The biggest drop was in sales of memory products: Excluding memory chips, industry sales for the first eleven months would have increased by 5.6 percent rather than 0.2 percent.

Chip sales were hardest hit in the U.S., dropping 19.5 percent between November 2007 and November 2008, while the year-on-year decline was only 7.3 percent for Japan and 6.2 percent for the rest of the Asia-Pacific region.

Although the semiconductor industry is suffering from the current economic crisis, it has been hit less hard than some other industries, and in the U.S. will still be the second largest exporter in 2008, according to the SIA.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags semiconductor

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Peter Sayer

Peter Sayer

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?