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Chip Sales Rise 50.4% to $23.6B in April

Semiconductor sales worldwide in April were $23.6 billion, an increase of 2.2% from March and 50.4% from April 2009, according to the Semiconductor Industry Association.

SAN JOSE, Calif. (

TheStreet

) -- Semiconductor sales worldwide in April were $23.6 billion, an increase of 2.2% from March and 50.4% from April 2009, according to the Semiconductor Industry Association.

SIA said sales for the first four months of 2010 were $92.6 billion compared with $60.1 billion for the same period of 2009, an increase of 54.2%.

"Important contributors to current growth of semiconductor sales include the worldwide adoption of 3G wireless communications and consequent investment in infrastructure and recovery of demand from the enterprise, automotive, and industrial sectors," SIA said in a press release Tuesday.

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The association said it expects semiconductor sales will return to historical seasonal patterns.

-- Reported by Joseph Woelfel in New York.

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