Tuesday, August 3, 2010

#Flash* Global semicon sales in 2Q up 7.1% to US$74.8b

KUALA LUMPUR:'' Global sales of semiconductors in the second quarter of 2010 rose 7.1% to US$74.8 billion'' from the first quarter's US$69.9 billion, according to the Semiconductor Industry Association (SIA).

The US-based SIA said on its website on Monday, Aug 2 that June 2010 sales of US$24.9 billion were 0.5% higher than May when sales were US$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.

He said worldwide semiconductor sales of US$144.6 billion for the first half of 2010 were more than 50% higher than the same period of 2009 when sales were US$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%,' he said.

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 added.


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