$18.37 bln of semiconductors sold in December 2004

The three-month average of worldwide sales of semiconductors was $18.37 bln in December, down 3.5% from the previous month’s figure of $19.02 bln, according to Semiconductor Industry Association. SIA predicted that sales would continue to decline in Q1 2005, by 4-6% sequentially, and that overall 2005 would be flat with 2004. The actual Q4 2004 sales, at $55.1 bln, declined by 0.8% from the Q3 2004 sales of $55.5 bln.