April 3rd, 2009
Chip sales tank amid industry's 'steepest corrections in its history'
The Semiconductor Industry Association released its February tally for chip sales and it isn’t pretty.
February sales were $14.2 billion, down 30.4 percent from a year ago. Chip sales were off 7.6 percent from January.
The good news? In a statement, SIA president George Scalise noted that “the rate of decline has moderated from the final quarter of 2008.”
Larry Dignan is Editor in Chief of ZDNet and Editorial Director of ZDNet sister site TechRepublic. See his full profile and disclosure of his industry affiliations.
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