Semidonductor sales up 34.2% in August 2004

Semiconductor Industry Association (SIA) said worldwide sales of semiconductors rose to $18.2 bln in August, exceeding expectations of $18 bln and 34.2% YTY. The August worldwide sales figure announced by SIA is an average of the actual sales figures for June, July and August. The July 2004 average sales figure was $18 bln, which was up 37.9% from the $13 bln reported in July 2003.