Global Semiconductor Sales Decline 2.7 Percent in January with Sales Poised for Future Growth
WASHINGTON, D.C.—MARCH 5, 2012—The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that worldwide semiconductor sales were $23.1 billion in January 2012, a 2.7 percent decrease from the month prior when sales were $23.8 billion. All monthly sales numbers represent a 3-month moving average.
“The month over month revenue decline for January is in line with seasonal patterns,” said Brian Toohey, president, Semiconductor Industry Association. “A weakened global economy amidst inflation concerns and the European debt crisis continued to affect sales at the start of the year, but there are strong signs pointing to recovery and growth as 2012 progresses.”
Semiconductor sales are expected to improve due to positive demand drivers, an improved U.S. economic outlook and the resolution to the floods in Thailand.
Despite recent WSTS membership changes, SIA remains fully committed to the availability of robust and timely global semiconductor revenue data and will continue to publish WSTS data according to the established schedule.
About the SIA
The Semiconductor Industry Association, SIA, is the voice of the U.S. semiconductor industry, America's number-one export industry over the last five years and a bellwether measurement of the U.S. economy. Semiconductor innovations form the foundation for America's $1.1 trillion dollar technology industry affecting a U.S. workforce of nearly 6 million. Founded in 1977 by five microelectronics pioneers, SIA unites over 60 companies that account for 80 percent of the semiconductor production of this country. Through this coalition SIA seeks to strengthen U.S. leadership of semiconductor design and manufacturing by working with Congress, the Administration and other key industry groups. The SIA works to encourage policies and regulations that fuel innovation, propel business and drive international competition in order to maintain a thriving semiconductor industry in the United States. Learn more at www.sia-online.org