World sales sauntered upward in July
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So much for Intel, AMD price cuts World chip sales grew a little in July, with sale up just 1.8 per cent on the previous month's figure, the US Semiconductor Industry Association (SIA) reported this past Friday. Sales for the month total $20.1bn.â¦
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Sales of new single-family U.S. homes unexpectedly rose in July and new orders for durable goods posted strong gains that underlined the economy's strength just before a credit crisis socked financial markets.
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(InfoWorld) - Strong chip sales in the Asia Pacific region and the U.S. helped lift global sales to $20.1 billion in the month of July, according to the Semiconductor Industry Association (SIA). The figure represents an 11.5 percent increase over July, 2005, and is 1.8 percent higher than the $19.8 billion in sales registered in June, according to SIA. The industry association also noted thatÂ falling chip pricesÂ are helping pull down the cost of gadgets for end-users. "For example, the average selling price for a PC declined by approximately 7 percent year-over-year," the SIA noted in its report. Around 40 percent of all chips sold go into computer products. AÂ price warÂ between IntelÂ and Advanced Micro Devices (AMD) could be a large part of theÂ fall in PC prices. The companies both halved prices on some desktop PC microprocessors, the most expensive PC component, in July. The global chip industry remains on course to set record high sales this year of over $240 billion, the industry group said, thanks to strong growth in the Asia Pacific and the U.S. But the figure the SIA noted isÂ lower than its May forecastÂ calling for $250 billion in chip sales this year. SIA representatives were not available to comment on the apparent full year sales target discrepancy.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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Consumer sentiment climbed far more than expected in early July to its highest in six months due to a surging stock market and reluctant acceptance of high gasoline prices, a survey showed on Friday.
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U.S. consumers spent heartily in  July on goods ranging from cars to electronics as sales at  retail stores rose a greater-than-expected 1.4 percent, a  government report on Friday showed, suggesting the economy  still had spark.
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The Semiconductor Industry Association said worldwide chip sales rose 2.2 percent in July, largely due to gadget demand.
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Its latest same-store sales numbers look good around the world.
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Retail sales rose more than twice as much as expected in May, while import prices surged, adding to recent data suggesting the U.S. economy is recovering strongly after a slowdown in the first quarter.
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July factory orders rose the most in four months, exceeding forecasts, and productivity gains slowed last quarter, two government reports released yesterday showed.
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The economy headed into the summer with strong momentum, propelled by a manufacturing rebound and consumers who eagerly went shopping and sightseeing despite high gas prices.
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According to official data from National Statistics, retail sales rose 0.6 pct in August from July for a 6.5 pct annual increase. The figures were well above expectations of a 0.2 pct decline and a 5.8 pct gain respectively.
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World's largest laptop makers report sharp increase in sales after two-month lull.
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Fueled by strong demand from China,  three of Asia's top exporters revealed robust trade data for  July, but economists said the outlook was darkening.
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British retail sales climbed in June from the previous month, official data has shown.
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All handset vendors combined shipped  285 million cell phones in the July-September quarter, with  strong demand in Asia and Africa lifting sales 12 percent from  a year ago, research firm Strategy Analytics said on Thursday.
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Stocks went from flat to higher after a stronger-than-expected reading on new homes sales for July. That followed a better-than-expected durable goods report.
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Retail sales rose more than twice as  much as expected in May, while import prices surged, adding to  recent data suggesting the U.S. economy is recovering strongly  after a slowdown in the first quarter.