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Sales of semiconductors in November indicate that consumer products such as LCD (liquid crystal display) TVs, digital music players, and other devices sold well during the holidays, the Semiconductor Industry Association (SIA) said Monday.
November chip sales rose 2.3 percent year-on-year to $23.1 billion, the SIA said.
Unit demand has far outpaced last year. But falling chip prices have hurt industry revenue, the chip association said. For example, DRAM (dynamic RAM) bit shipments grew 25 percent in the three months through mid-December, but average selling prices have declined 20 percent over the same period.
The association also noted that rising energy prices and concerns about the sub-prime lending issue in the U.S. do not appear to have had a significant impact on consumer spending for the holidays, the SIA said. The group reiterated its forecast that worldwide semiconductor sales will reach a new record in 2007. But it will take a stronger than expected December selling season to reach the 3.8 percent growth goal the group had forecast earlier this year, the SIA said.
Investment banking firm Credit Suisse was not as optimistic as the SIA.
The November data was below normal seasonal trends, noted analyst John Pitzer, in a report on Monday. Even if December reaches its normal seasonal growth, 2007 industry revenue will only reach $255.7 billion, up 3.2 percent over last year. The growth percentage would fall short of the SIA's 3.8 percent target.
The slow November prompted Credit Suisse to lower its 2008 chip industry revenue forecast to 9.4 percent year-on-year growth, down from a previous target of 13 percent.

The two-disc set also includes The Mastermind of Mirage Pokémon: A 10th Anniversary Special. In this 40-minute adventure, Dr. Yung invites Misty and Ash to take part in a special tournament on his new battle system. Yung creates formidable Mirage Pokémon from raw data, culminating in a super-version of Mewtwo, the powerful psychic Pokémon from the first features. Once again, friendship and kindness triumph over greed and arrogance, although the special ends with the words, "To be continued..." (Unrated, suitable for ages 8 and older: cartoon violence) --Charles Solomon


Its unlikely that the full impact of the live performances will hit home to viewers unfamiliar with Jay-Z and his Roc-A-Fella Records stable of artists. Another frustration is trying to identify the array of visitors who trade raps on Jays stage. Included in the star-studded lineup are Missy Elliott, Foxy Brown, Pharell, Ghostface Killah, Beanie Sigel, Memphis Bleek, and R. Kelly. One unmistakable figure--and we do mean figure--is Jays squeeze Beyonce, who raises the temperature and the roof with her skimpy outfit, flowing hair, soulful yowl, and sexed-up dance routine that leaves her boyfriend and the whole of Madison Square Garden slack-jawed with animal desire.
Twenty cameras captured the event, and some of the most powerful sequences are sweeping moves across the swirling, blissed-out masses as they lip sync along in perfect unison with Jay-Zs complex, profane, quick-witted raps. Less effective are intermittent cutaway segments that show the artist in various studio settings working up beats and rhymes. These amateurish home video breaks may give some insight to Jays perfectionism and dedication to his craft, but they detract from the visceral power of the beautifully executed performance footage. --Ted Fry
