Dec 31, 2002 12:00 PM

The Semiconductor Industry Association (SIA) said Monday that Global semiconductor sales reached $12.68 billion in November 2002, a 1.3 percent sequential increase from the $12.51 billion in revenue reported in October 2002, continuing a trend that began in the fourth quarter 2001. November sales are up 19.6 percent from November 2001 sales of $10.60 billion.

SIA President George Scalise said in a press release: "The wireless sector continues to be the strongest single market."

The semiconductor products that benefit from the strength of the wireless sector are led by Flash and Digital Signal Processors, which were up 6.6 percent and 3.7 percent in November. In addition, Wi-Fi has begun to contribute to the strength of this market. Furthermore, the computer segment continues to show growth with microprocessors up 0.5 percent and DRAM's increasing by 5.8 percent.

Chip sales rose 5.8 percent in November in the European market and 1.3 percent in Asia Pacific. Semiconductor sales in the Americas declined slightly by 0.8 percent and 0.6 percent in Japan.

The SIA's Global Sales Report is a three-month moving average of sales activity. The report is tabulated by the World Semiconductor Trade Statistics organization, which represents about 66 companies. The moving average is a mathematical smoothing technique that mitigates variations due to companies' monthly financial calendars.

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