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 - LM Editorial

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

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

Of special interest to readers of Logistics Management will be “Americas Update,” which will look into the future of the market in the Americas and assess how firms will be able to favorably position themselves to compete and win market share.

After 20 years, two congressional mandates and countless lawsuits and lobbying efforts, safety advocates and the Teamsters union still say there are too many inexperienced rookie truck drivers hitting the road without sufficient behind-the-wheel training.

Congested U.S. port terminals, harbor and over-the-road truck and driver shortages, slower trains and longer rail terminal dwell times due to increased domestic rates have not only disrupted service but also driven intermodal rates and cargo handling costs up sharply.

Southern California shippers are getting a break on container dwell expenses for the next ten days as the Port of Long Beach announced that it had added an extra three days to the time that overseas import containers can remain on the docks without charge.

Article Topics

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

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

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