U.S. chip exports up
“Semiconductor sales have grown steadily in all regions through the third quarter of 2010, with strong demand in consumer and industrial electronic products,” said SIA president Brian Toohey.
Latest NewsState of Logistics 2016: Pursue mutual benefit GCCA report shows 8.6% increase in cold storage capacity worldwide since 2014 Automated material handling equipment market is expected to reach $44.68 billion by 2022 Honeywell completes acquisition of Intelligrated U.S.-NAFTA freight value drops 6.4 percent, reports BTS More News
Latest ResourceIs Your DC Ready for E-commerce Growth? Here’s How to Handle More SKUs and Inventory Turns The rise of e-commerce and multi-channel fulfillment has caused distribution centers (DCs) to experience ever-growing numbers of stock-keeping units (SKUs) and more inventory turns, up to an average of nine in 2015.
Worldwide sales of semiconductors were $26.5 billion in September, a gain of 2.9 percent from the prior month when sales were $25.8 billion, the Semiconductor Industry Association (SIA) reported.
Sales for the third quarter of 2010 amounted to $79.4 billion, a 6.1 percent increase from the previous quarter when sales were $74.8 billion. Third quarter sales were 26.2 percent higher than the $62.9 billion for the like period in 2009. All monthly sales numbers represent a three-month moving average.
“Semiconductor sales have grown steadily in all regions through the third quarter of 2010, with strong demand in consumer and industrial electronic products,” said SIA president Brian Toohey. “Inventory for the industry continues to be generally in balance with demand,” Toohey continued.
“We could see moderation in the growth rate through the end of the year as demand for consumer electronic products such as personal computers, flat panel televisions, and mobile devices are potentially impacted by continuing economic uncertainty,” Toohey concluded.
In an interview with LM, Jock O’Connell, Beacon Economics’ International Trade Adviser, noted that high-tech exports are a particular bright spot for California shippers.
“In an otherwise gloomy economy, this sector seems to be performing well,” he said. “That is particularly good news for the air cargo sector as well.”
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Modern Materials Handling Magazine!Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!
The data-driven lift truck Top 20 Lift Truck Suppliers 2016 View More From this Issue