Semiconductor Sales Hit Record for Fourth Straight Month

Global semiconductor sales set a new monthly record for the fourth consecutive month in October, according to new figures from the Semiconductor Industry Association (SIA).
Sales reached $21.9 billion for the month, up more than 9% from the prior year more than 2% from September.

"Sales of personal computers, cell phones and MP3 players continued to be strong, reflecting the start of the holiday season," said George Scalise, president of the SIA.

Scalise, however, also issued a warning. "There are signs of slower overall economic growth and a slowing economy could impact sales of semiconductors in the coming months," he said.

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