KUALA LUMPUR: TECHNOLOGY []-related stocks advanced on Tuesday, Aug 3 after the US-based Semiconductor Industry Association (SIA) said global sales of semiconductors in the second quarter of 2010 rose 7.1% to US$74.8 billion (RM239.06 billion) from the first quarter's US$69.9 billion.
SIA said on its website on Monday that June 2010 sales of US$24.9 billion were 0.5% higher than May when sales were US$24.8 billion.
On Bursa Malaysia at 9.22am, Unisem was up five sen to RM2.29, Notion VTec and Eng Teknologi gained four sen each to RM2.39 and RM2.12, JCY International and MPI rose three sen each to RM1.28 and RM6.07, Pentamaster up 1.5 sen to 32.5 sen while Globetronics added one sen to RM1.45.
SIA president Brian Toohey said sales in the first half of 2010 were exceptionally robust, driven by strong demand from a broad range of end markets.
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.
SIA said on its website on Monday that June 2010 sales of US$24.9 billion were 0.5% higher than May when sales were US$24.8 billion.
On Bursa Malaysia at 9.22am, Unisem was up five sen to RM2.29, Notion VTec and Eng Teknologi gained four sen each to RM2.39 and RM2.12, JCY International and MPI rose three sen each to RM1.28 and RM6.07, Pentamaster up 1.5 sen to 32.5 sen while Globetronics added one sen to RM1.45.
SIA president Brian Toohey said sales in the first half of 2010 were exceptionally robust, driven by strong demand from a broad range of end markets.
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.
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