Analysts sees weaker chip sales in November

LONDON – The three-month average of global chip sales for November is going to be $25.6 billion flat compared to $25.74 billion reported for October by World Semiconductor Trade Statistics organization, according to Bruce Diesen, an analyst at Carnegie Group (Oslo, Norway).

This will be the result of actual November chip sales that will be 4 percent down year-on-year Diesen said.

"The world economy is slowing and the floods in Thailand have hurt the supply of key components for PC’s and smart phones in November. Automobile chips should outperform PC/handset chips in November," said Diesen in a note to clients.

In light of this Diesen expects global semiconductor sales to be the same in 2011 in U.S. dollar terms as in 2010, which is approximately $298 billion. Diesen forecasts 2012 global semiconductor sales to be up 2 percent on 2011.


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Analysts sees weaker chip sales in November