Global Chip Sales Up 4.5% in May

Good news, according to the Semiconductor Industry Association, global semiconductor sales rose 4.5 percent in May.

Worldwide semiconductor sales rose 4.5 percent in May from April to $24.7 billion, helped by strong sales of personal computers, cell phones, corporate information technology, industrial applications and autos, the Semiconductor Industry Association (SIA) said. SIA expects unit sales of personal computers to grow by 20 percent and sales of cell phones to grow by 10 percent to 12 percent this year.

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