Subscribe to our free, weekly email newsletter!


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.
By Patrick Burnson, Executive Editor
November 08, 2010

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 Author

image
Patrick 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 .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Factors such as rising freight rates, shrinking capacity, an increased desire for global supply chain visibility, have all worked together to drive the need for instituting a culture of continuous improvement in logistics operations and transportation management systems (TMS). To meet today's complex logistics challenges, managers are stepping into a more streamlined, automated approach to transportation management in order to function at optimal levels both domestically and internationally. Read the latest special report.

The Atlanta-based company said that it plans to hire between 90,000-to-95,000 seasonal employees, up from about 85,000 last year, to support “the anticipated holiday surge” for package deliveries commencing in October and running through January.

The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.

The World Shipping Council (WSC) released an update to its survey and estimate of containers lost at sea.

Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.

Article Topics

News · Mobile · Air Cargo · Inventory · Technology · Microchips · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA