Worldwide semiconductor sales up 7.6% in July 2008

Global semiconductor sales rose 7.6% in July 2008 from July 2007. Worldwide sales were $22.178 bln, up from $20.603 bln a year ago, the Semiconductor Industry Association said. Excluding memory products, semiconductor sales increased by 11.6% YTY and by 3.2% sequentially. The 7.6% increase is down slightly from the 8% increase marked in June 2008.