A study from the Semiconductor Industry Association has found that semconductor sales rose 5% in August over the previous month – the sixth month in a row of sequential gains.
Month-to month sales also boomed in every region in August – it was 5.4% greater in the Americas and 5.3% in Asia. So why the sudden increase?
You guessed it – SIA President George Scalise credited the gains to recoveries in consumer spending and netbooks. Netbooks' low cost has been a big factor in increasing consumers' purchasing power in a tough economy:-
"Notwithstanding the slow recovery of demand from the enterprise sector, we are encouraged that industry momentum has turned positive following the steepest downturn in more than a decade."
The upcoming holiday season should be a further boon to the industry, when holiday shopping augments consumer spending.
Via WSJ.
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