Global Semiconductor Sales Rise 7.1 Percent Quarter-on-Quarter
Monday, Aug 02, 2010, 3:46pm
by Semiconductor Industry Association
San Jose, CA – August 2, 2010 – Global sales of semiconductors in the second quarter of 2010 grew to $74.8 billion, an increase of 7.1 percent from the first quarter total of $69.9 billion, the Semiconductor Industry Association (SIA) reported today. June 2010 sales of $24.9 billion were 0.5 percent higher than May when sales were $24.8 billion.
“Sales in the first half of 2010 were exceptionally robust, driven by strong demand from a broad range of end markets,” said SIA President Brian Toohey. “Worldwide semiconductor sales of $144.6 billion for the first half of 2010 were more than 50 percent higher than the same period of 2009 when sales were $96.1 billion. We expect that sequential growth rates will moderate in the coming months, with the result that year-on-year growth for the industry will be in line with our mid-year forecast of 28.4 percent.”
The SIA noted that the extraordinary year-on-year sales growth reflects not only strong demand from key end markets but also the effects of the industry slowdown in the first half of 2009.
“Macroeconomic factors such as consumer confidence, job growth, and overall economic growth continue to bear watching for their possible impact on sales in the second half,” Toohey concluded.
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
John Greenagel or Anne Craib