The Channel logo

News

By | Team Register 3rd March 2005 15:33

Chip glut ebbs

January sales down on December

The chip industry has dragged itself through the silicon glut it fell into last year, the Semiconductor Industry Association declared yesterday.

Worldwide chip sales in January were $18.4bn, the trade group reported Thursday, up 17.5 per cent on the year, but down 0.5 per cent sequentially.

The group described the sales slip as "modest" and an "encouraging sign", as January is historically a weak month.

More importantly, it said, the industry is not handicapped by either production capacity or excess inventory.

Surging 2004 sales were thrown off course in the second half as inventories ballooned. These have now been depleted, the SIA said, and in some segments inventories are below target. Inventory overhang should not be a problem beyond the current quarter, it said.

Asia Pacific continued to dominate sales, accounting for $7.76bn of the total, up 0.1 per cent sequentially and 27.9 per cent on the year. Japan's sales were $3.87bn, up 0.2 per cent sequentially and seven per cent on the year. European sales were $3.47bn, down 1.7 per cent sequentially but up 17.9 per cent on the year, while sales in the Americas were $3.18bn, down 1.8 per cent sequentially and up 8.3 per cent on the year. ®

Related stories

Gartner trims chip forecast
Samsung glum on year ahead
World chip sales down in December
Global chip sales edged up in November 04
iSuppli cuts 2005 chip sales growth target

alert Send corrections

Opinion

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
Sleep Cycle iOS app screenshot

Trevor Pott

Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap
Steve Bennet, ex-Symantec CEO

Chris Mellor

Enormo security firm needs to get serious about acquisitions

Features

Windows 8.1 Update  Storeapps Taskbar
Chinese Buffet self-service
Chopping down the phone tree to scrump low-hanging fruit
An original member of the System/360 family announced in 1964, the Model 50 was the most powerful unit in the medium price range.
Big Blue's big $5bn bet adjusted, modified, reduced, back for more
Microsoft CEO Satya Nadella
Redmond needs to discover the mathematics of trust