Report: Chip sales strong despite rumored cell phone slowdown

Forward Concepts analyst Will Strauss says that the latest numbers from the World Semiconductor Trade Statistics indicate that May shipments for chip sets for cell phones were up 8 percent over April, and up 47 percent over May 2007, indicating that reports of a slowdown in cell phone sales are incorrect. Strauss also points out that while WSTS DSP shipments for wireless infrastructure were down 14 percent in May compared to April, that was still 30 percent higher than May 2007. Article