Semiconductor Sector Update : Jul Chip Sales Up MoM But YoY Growth Continues To Slow - 01/09/2010

♦ Jul chip sales up mom but yoy growth continues to slow. The yoy sales growth of 37.0% marked its ninth monthly growth on a yoy basis, although the growth rate continued to fall (vs. 42.6% in Jun and a high of 58.4% in Mar).Nonetheless, on mom basis, chip sales grew by 1.2%, stronger than Jun’s gain of 0.5%, but lower than the high of 5.2% in May. Geographically, Jul sales on a mom basis from US, Europe and Japan grew 3.6%, 0.8% and 3.1% (vs. Jun 10: +4.3%, -1.2%, +1.1%) respectively. In contrast, Jul sales from Asia remained stagnant.


Semiconductor Sector Update : Jul Chip Sales Up MoM But YoY Growth Continues To Slow - 01/09/2010