KUALA LUMPUR: Global semiconductor sales for 2010 jumped 31.8% year-on-year to a record US$298.3 billion from US$226.3 billion in 2009, underpinned by the increased use of semiconductor TECHNOLOGY [] in a wider range of electronic devices.
However, for 2011, the US-based Semiconductor Industry Association (SIA) forecasts moderate single digit growth for the industry sector as a whole.
'This growth projection is encouraging given the continued impact of the economic downturn,' it said in a statement posted on its website on Monday, Jan 31.The SIA is the association for over 60 companies that account for 90% of the semiconductor production in the US.
The SIA said worldwide chip sales in December were US$25.2 billion, a modest decline of 3% from November in line with historical seasonality, but 12.2% higher than December 2009.
The fourth quarter sales of US$75.5 billion represented a 4% percent decline from the immediate prior quarter, and a 12.2% increase over the same period in 2009, it said.
SIA president Brian Toohey said semiconductor sales were a bright spot in the current economic picture, delivering a record high in the billions.
'The year-over-year growth is due in part to the increased use of semiconductor technology in a wider range of electronic devices that we have come to enjoy in modern life.
'Our member companies continue to ramp up their operations to meet the growing demand for semiconductor innovation,' he said.
Toohey said that in 2010, all major semiconductor product categories showed double-digit growth year-over-year.
As semiconductors have been America's top export over the last five years, it was important to note that the Asia Pacific region represented 54% of the total worldwide semiconductor market, he said.'' The Americas semiconductor market only accounted for 18% of the world market, he said.
'Semiconductor design and manufacturing facilities are strategic to our nation's economic growth However, our industry is faced with fierce global competition and our policymakers and regulators must'' ensure that we have balanced tax, regulatory and trade policies to allow our industry to continue to flourish in the US and remain America's largest export industry,' said Toohey.
However, for 2011, the US-based Semiconductor Industry Association (SIA) forecasts moderate single digit growth for the industry sector as a whole.
'This growth projection is encouraging given the continued impact of the economic downturn,' it said in a statement posted on its website on Monday, Jan 31.The SIA is the association for over 60 companies that account for 90% of the semiconductor production in the US.
The SIA said worldwide chip sales in December were US$25.2 billion, a modest decline of 3% from November in line with historical seasonality, but 12.2% higher than December 2009.
The fourth quarter sales of US$75.5 billion represented a 4% percent decline from the immediate prior quarter, and a 12.2% increase over the same period in 2009, it said.
SIA president Brian Toohey said semiconductor sales were a bright spot in the current economic picture, delivering a record high in the billions.
'The year-over-year growth is due in part to the increased use of semiconductor technology in a wider range of electronic devices that we have come to enjoy in modern life.
'Our member companies continue to ramp up their operations to meet the growing demand for semiconductor innovation,' he said.
Toohey said that in 2010, all major semiconductor product categories showed double-digit growth year-over-year.
As semiconductors have been America's top export over the last five years, it was important to note that the Asia Pacific region represented 54% of the total worldwide semiconductor market, he said.'' The Americas semiconductor market only accounted for 18% of the world market, he said.
'Semiconductor design and manufacturing facilities are strategic to our nation's economic growth However, our industry is faced with fierce global competition and our policymakers and regulators must'' ensure that we have balanced tax, regulatory and trade policies to allow our industry to continue to flourish in the US and remain America's largest export industry,' said Toohey.
No comments:
Post a Comment