Recession Slams Global Semiconductor Sales

Recession Slams Global Semiconductor Sales

Worldwide semiconductor sales fell in November, as the economic downturn continued to hammer chipmakers, industry figures released Friday showed.
Excluding memory products, which have suffered all year from overproduction and weak demand, the industry did much better, but still saw revenue fall. Sales excluding memory fell 4.8% year to year to $17.3 billion from $18.2 billion.



"The worldwide economic crisis is having an impact on demand for semiconductors, but to a lesser degree than some other major industry sectors," SIA president George Scalise said in a statement.

The SIA numbers were just the latest bad news for the semiconductor industry, which is reeling from a worldwide drop in consumer electronics and PC sales because of the economic recession.