January Global Chip Sales Revenue Increases 14% to $25.5 Billion

According to a report released by the US Semiconductor Industry Association (SIA) on Monday, due to the increasing use of chip products, global chip sales revenue in January 2011 increased by 14% year-on-year, an increase of 1.5% from the previous quarter to 25.5 billion US dollars.

Members of the Semiconductor Industry Association of the United States include Intel, AMD, and LSI. The agency said that last year's industrial sector sales of chip sales increased by 50% year-on-year, automotive electronics chip sales increased by 44%. The boom in automotive electronics comes from increased demand for chips in hybrid and electric vehicles, entertainment applications, engine control and navigation systems.

In terms of regions, sales in the Americas increased by 25% year-on-year to US$4.7 billion in January; sales in Europe increased by 13% to US$3.11 billion; sales in Japan increased by 9.6% to US$3.83 billion, and sales in Asia Pacific increased by 12%. To 13.68 billion U.S. dollars.

Brian Toohey, president of SIA, said: "The industry will continue to grow steadily because of the increasing application of chips to a wide range of products. Chip sales have been growing rapidly over the past year, as the products we use every day have become Smarter, faster, and cheaper, the demand in all major end markets is strong, especially in the industrial and automotive industries. This trend is encouraging.”

In all vertical sectors, including consumer electronics, automotive, computer, industrial, communications, and government applications, the level of chip integration is increasing, pushing chip sales up 32% in 2010. The integration of energy-saving tools and the automation of industrial applications have contributed to the growth of the industry.