Compared to last year, the sharp was even greater: The global chip industry sold semiconductors for $25.93 billion in November 2010. The good news is that, on a year to date basis, chip sales are 0.8 percent ahead of 2010.
"Supply chain disruptions resulting from the floods in Thailand have impacted semiconductor sales in the near term, however OEM's are expected to recover production losses over the course of the next few months," said Brian Toohey, president of the Semiconductor Industry Association. "November sales were additionally affected by the continuing European financial crisis which is having a broad impact on other economies and global demand."
The SIA believes that the chip industry has ended 2011 with a gain over 2010. Even if the trade organization believes that there are "near term challenges", it stated that 2012 will bring "further improvement".
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