Global semiconductor sales rose in October, but growth was slightly below the previous month's level.
The World Semiconductor Trade Statistics group said worldwide chip revenue totaled $12.5 billion in October, up 1.8% from $12.3 billion in September and up 20% from $10.4 billion a year ago.Last month, sales grew at a slightly better 3%.
Most of the increase was attributable to cell-phone sales, which have been particularly strong in Asia.
Among regions, the gain was greatest in Europe, where chip sales rose 6.2% sequentially to $2.46 billion. Revenue in the Americas was up half a percent to $2.65 billion, while revenue rose 1% in Asia-Pacific to $4.56 billion.