In June, global chip sales decreased by 0.4% year-on-year to US$24.7 billion

According to the latest data released by the Semiconductor Industry Association (SIA), global chip sales reached US$24.7 billion in June this year. It was 1.2% lower than the $25 billion in May, but it was down 0.4% from the same period last year.

In addition, the Association released data show that in the second quarter of this year, the global chip sales decreased by 2%, but the global chip sales in the first half of this year increased by 3.7% compared with the first half of last year, this increase set a historical record. The association expects global chip sales this year is still expected to achieve 5.4% growth.

The association believes that growth driven by factors such as corporate PC upgrades, increased demand for smart phones, increased IT infrastructure investment, and increased investment in China's markets was offset by the decline in global consumer demand in June this year.

The association said that for the whole year of 2011, in addition to Japan, which is recovering from the effects of the major earthquakes and tsunami, chip sales in other markets around the world will increase compared to 2010. In addition, the demand for chips in each industry is also increasing, with the most significant being the automotive industry.

It is reported that the Semiconductor Industry Association is the largest semiconductor industry federation in the United States. Its members include Intel, AMD, Texas Instruments and IBM.

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