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Chip sales still soaring
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August 3, 2000: 3:09 p.m. ET
Trade group reports semiconductor sales figures for June, another record
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NEW YORK (CNNfn) - Continued demand for chips used for Internet infrastructure and consumer electronics pushed worldwide semiconductor sales in June to yet another record level, a chip-industry trade group announced Thursday.
According to data released by the Semiconductor Industry Association, chipmakers recorded sales of $16.6 billion. That's up 48 percent from $11.2 billion in June 1999.
It's also the fourth consecutive month in which the SIA reported chip sales that reached a record high.
"June's numbers exceeded our expectations and affirm our forecast for a strong 2000," George Scalise, SIA's president, said. Earlier this year, the SIA revised upward its growth-rate forecast to 31 percent.
 Scalise said soaring demand for consumer products such as wireless telephones, personal digital assistants, and set-top boxes drove sales of flash memory, field programmable logic devices (FPLDs), digital signal processors (DSPs), analog and optoelectronics chips to the most substantial gains.
Flash sales were up 167 percent; FPLDs were up 106 percent; DSP sales were 51 percent higher; analog sales rose 70 percent; and optoelectronics chips sales came in 65 percent higher, the SIA said.
Chips used in personal computers also rose substantially. Dynamic random access memory (DRAM) sales were up 75 percent, while microprocessor sales were 36 percent higher, the SIA reported.
From a geographic standpoint, sales growth was stronger in Asia-Pacific and Japanese markets, where they were up 52.8 percent and 50.8 percent, respectively. Sales in the Americas rose 42.7 percent. Europe's sales grew 48.1 percent, the SIA said. 
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