Chip shops show significant growth

The microprocessor industry is finally turning the economic tide, with shipments of chips growing in the last quarter for the first time since the beginning of 2009.

Fourth quarter volumes for last year jumped more than 30 per cent compared with the same period in 2008 and grew seasonally over Q3 2009 according to an eWeek report.

"The rise in shipments indicates that the market is returning to normal seasonal patterns," IDC analyst Shane Rau said in a statement, continuing, "The market has put the recession behind it."

Intel currently holds an 80.5 per cent share of the CPU market, with AMD clutching 20.1 per cent.

Server shipments showed the strongest growth followed by mobile chips, mainly Intel's Atom, as the netbook market boomed.

The BBC has also officially announced that the recession is over after numbers showed that the UK economy had grown by a lower-than-expected 0.1 per cent, the first positive figure after six consecutive quarters of contraction.

UK unemployment also fell for the first time in 18 months.