Global Chip Sales Increase 1.8 Percent Month-on-Month
Monday, Oct 04, 2010, 3:38pm
by Semiconductor Industry Association
Washington, DC – October 4, 2010 – The Semiconductor Industry Association (SIA) today reported that worldwide semiconductor sales in August were $25.7 billion, an increase of 1.8 percent from July when sales were $25.2 billion. Sales increased by 32.6 percent from August 2009 when sales were $19.4 billion. Sales for the first eight months of 2010 were $194.6 billion compared to $134.7 billion for the same period in 2009, an increase of 44.4 percent. All monthly sales numbers represent a three-month moving average.
“Semiconductor sales have been strong with August marking the sixth consecutive month of sequential growth,” said SIA President Brian Toohey. “PC and wireless related products along with infrastructure expansion in emerging markets, particularly in China and India, continue to drive sales. Concerns about economic conditions in the U.S. and Europe, coupled with seasonal patterns, bear close monitoring. We remain confident in our $290.5 billion forecast, which represents 28.4 percent annual growth for 2010,” Toohey concluded.
SIA will release an updated semiconductor forecast on November 4th.
About the SIA Global Sales Report
The SIA Global Sales Report (GSR) is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, an independent, non-profit organization established by the global semiconductor industry to compile industry statistics. The moving average is a mathematical smoothing technique that mitigates variations due to differences in companies’ financial calendars.
VIEW DATA TABLE AND GRAPH HERE
About the SIA
The SIA is the voice of the U.S. semiconductor industry, America’s number-one export industry over the past five years. SIA seeks to continue U.S. leadership in this critical sector that employs 185,000 people in the U.S. and provides the enabling technology for America’s $1.1 trillion high-tech industries with a U.S. workforce of nearly 6 million people. More information about the SIA can be found at www.sia-online.org.
For more information:
Semiconductor Industry Association