Chip market grew 4% in 1997

By Staff -- Purchasing, 3/26/1998

The final numbers are in. Worldwide sales of semiconductors rose 4% percent to $137.2 billion in 1997, according to the Semiconductor Industry Association. Semiconductor sales would be even stronger if not for the continuing depression in dram prices and the economic problems in Asian markets. Sales were up 7.4% to $45.85 billion in the Americas; 9.6% to $30.18 billion in Asia-Pacific; 5.5% in Europe to $29.09 billion. In Japan, sales fell 6.1% for the year.

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