The global semiconductor industry is on pace for record annual sales through the first half of 2014, according to new figures from the Semiconductor Industry Association (SIA). The organization said that chip sales reached $82.7 billion during the second quarter, up 5.4% from the previous quarter and 10.8% from the prior year. Year-to-date sales during the first half of 2014 were 11.1% higher than they were at the same point in 2013, which was a record year for semiconductor revenues. “Through the first half of 2014, the global semiconductor market has demonstrated consistent, across-the-board growth, with the Americas region continuing to show particular strength,” said Brian Toohey, president and CEO of the SIA. “Looking forward, macroeconomic indicators — including solid U.S. GDP growth announced last week — bode well for continued growth in the second half of 2014 and beyond.” Read more.
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