Chip Market Falls Off Cliff In November; Sales Off 9.8%

Semiconductor sales saw a worldwide plunge of 9.8 percent in November as the economic downturn intensified.

Chip sales plunge

Chip sales plunge

The Semiconductor Industry Association said sales for the month came to $20.8 billion, down from $23.1 billion a year ago.

If memory products such as DRAMs and NAND flash are excluded, the decline is a softer 4.8 percent – illustrating the slowdown in these volatile markets.

The memory market has been under severe price pressure all year, the SIA said. Semiconductors are still expected to be the second largest U.S. export product.

The largest November decline came in the American market, followed by Europe and Japan.

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