WASHINGTON, D.C.—NOVEMBER 1, 2011—The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that it has updated overall quarter-over-quarter sales growth to 3.5 percent, previously misstated at 2.1 percent. Additionally, Japan region quarter-over-quarter growth has been updated to 14.9 percent, previously misstated at 13.7 percent. All other global sales growth calculations remain unchanged.
Worldwide sales of semiconductors were $25.8 billion for the month of September, an increase of 2.7 percent from the prior month when sales were $25.1 billion. All monthly sales numbers represent a three-month moving average.
“September’s global sales demonstrate an optimistic close to the 3rd quarter,” said Brian Toohey, president, Semiconductor Industry Association. “While global economic uncertainty creates limited visibility for the remainder of the year, recent positive indicators and developments in the U.S. and Europe are encouraging.”
“We would like to extend our sympathies to the people of Thailand suffering through a humanitarian crisis caused by devastating flooding,” Toohey continued.
A 14.9 percent quarter-over-quarter increase in Japan was driven by progress made in their recovery efforts. Additionally, strong demand for automotive applications and mobile processing in handheld devices like smart phones, tablets and eReaders added to the quarter-over-quarter increase. An updated World Semiconductor Trade Statistics (WSTS) forecast is expected to be released at the end of November.