Semiconductor Sales Hit $108 Billion in Q3

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SAN FRANCISCO , Nov. 02, 2017 – Global semiconductor sales topped $100 million in a quarter for the first time in the third quarter, reaching $107.9 billion, according to the Semiconductor Industry Association (SIA) trade group.

Third quarter sales were up more than 10 percent from the second quarter, which set the previous high-water mark for chip sales in a quarter with $97.9 billion, according to the SIA, which reports sales figures compiled by the World Semiconductor Trade Statistics organization, a group made up of more than 55 leading chip makers worldwide.

Year-to-date, semiconductor sales are tracking more than 20 percent ahead of last year's pace. The semiconductor industry is almost certain to set a sales record this year, with sales potentially topping $400 billion for the first time, thanks largely to tremendous growth in memory revenue amid tight supply.

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