Friday, June 4, 2010

Global semicon sales up 2.2% m-o-m in April to US$23.6b

KUALA LUMPUR: Worldwide semiconductor sales rose 2.2% month-on-month in April to US$23.6 billion from $23.1 billion in March, according to the Semiconductor Industry Association (SIA).

Sales increased by 50.4% from April 2009 when sales were $15.7 billion.

Sales for the first four months of 2010 were $92.6 billion compared to $60.1 billion for the same period in 2009, an increase of 54.2%.

All monthly sales numbers represent a three-month moving average.

In a statement on Tuesday, June 1, SIA president George Scalise said global sales of semiconductors grew at a healthy rate in April, surpassing the previous monthly record level of November 2007.

He said that as expected, both the year-on-year and sequential growth rates moderated slightly.

The unusually high year-on-year comparison is a reflection of the trough of the recession in early 2009 compared to strong demand today, he said.

"Important contributors to current growth of semiconductor sales include the worldwide adoption of 3G wireless communications and consequent investment in infrastructure and recovery of demand from the enterprise, automotive and industrial sectors.

"Going forward, we expect semiconductor sales will return to historical seasonal patterns. Future growth of the industry remains heavily dependent on the continued global economic recovery, and in particular, on continued growth in the developing markets that are the largest demand drivers for our products," he said.

SIA will release its mid-year forecast on June 10.

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