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Global semiconductor sales up in October

01 December 2009

The US-based Semiconductor Industry Association (SIA) has said that global semiconductor sales rose 5.1% in October, Reuters has reported. The increase is attributed to electronic equipment manufacturers boosting production for the holiday season. For the month, worldwide semiconductor sales rose to $21.7bn from $20.6bn in September. However, sales for October fell 3.5% from a year earlier, SIA said. "Inventory management throughout the supply chain has been very tight, and this may extend the fourth-quarter build season by a few weeks," it said in a statement.

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