WASHINGTON, D.C.—MAY 1, 2012—The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that worldwide sales of semiconductors were $23.3 billion for the month of March 2012, a 1.5 percent increase from the prior month when sales were $23.0 billion, and a decrease of 7.9 percent from March 2011 when sales were $25.3 billion. Sales in the first quarter of 2012 reached $69.9 billion, a decrease of 7.9 percent over last year’s first quarter sales of $75.9 billion and a sequential decrease of 2.2 percent over the prior quarter. All monthly sales numbers represent a three-month moving average.
“We are encouraged to see that sequential growth resumed across all regions, especially in Europe and Japan, in March,” said Brian Toohey, president, Semiconductor Industry Association. “We look for seasonal moderate growth to continue in the second quarter and build momentum as 2012 progresses. However, while forecasts for global economic growth are improving, macroeconomic and geopolitical uncertainties remain.”
Sales in Europe grew 3.8 percent in March, as Japan increased 1.2 percent. In addition to improving macroeconomic conditions, and increasing semiconductor content across a wide range of applications, supply chain recovery related to the Thailand floods of 2011 will continue to drive an improved outlook.