April chip sales up 50.4% yoy and 2.2% mom. The yoy sales growth of 50.4% for April (vs. 58.6% yoy in March) was the sixth monthly gain on yoy basis – see chart 2. April 10 chip sales of US$23.6bn grew 2.2% mom after a growth of +4.6% in April, mainly driven by the growing demand for chips in wireless devices and improving sales from the enterprise and the automotive sector.
Semiconductor - Sustained Robust Chip Sales of +50.4% Yoy In April - 2/6/2010
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