Sales of chips up in July

Picture courtesy of Wikimedia CommonsThe European Semiconductor Industry Association (EISA) released figures on sales of semiconductors in July.

The numbers are up, but only by 0.4 percent compared to June 2015, worth $2.837 billion on July.

ESIA said the figures show the revenues were based on strong demand for microprocessors and logic chips, aided and abetted by sales of memory products.

Sales were mostly represented by semiconductors aimed at consumers, computers and wired communications.

But exchange rate fluctuations played a significant role in July, ESIA said. In Euro, semiconductor sales fell by 0.3 percent compared to June, but increased by 7.1 percent compared to July 2014.