WSTS cuts $1 billion in chips sales, says Cowan

Peter Clarke, EETimes
1/10/2011 6:55 AM EST

LONDON – In the global chip sales figures for November recently posted by World Semiconductor Trade Statistics (WSTS), the organization made downward revisions to all the sales numbers of the previous months of 2010, according to analyst Mike Cowan.

The net result has been to strip $991 million in value out of the year's sales and this contributed to Cowan's reduced forecast for December and the full year's chip sales. The move follows a similar move the previous month where WSTS lost $391.5 million from the "actual" sales figure for September 2010 reducing it to $28.981 billion from $29.372 billion.

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