KUALA LUMPUR: Global semiconductor sales in April rose 3.9% year-on-year to US$24.7 billion from US$23.7 billion a year earlier, according to the US-based Semiconductor Industry Association (SIA).
However, on a month-on-month basis, sales declined 2.2% from March when the sales totaled US$25.2 billion, it said.
The SIA represents over 60 companies in the US that account for about 80% production of semiconductors of that country.
In a statement May 31 on its website, SIA president Brian Toohey said that although the month-over-month sales saw a slight decline, the SIA remained optimistic given that the industry had increased sales compared to the same month last year.
'We expect moderate growth to continue through the remainder of the year,' he said.
Toohey said the month-over-month results were slightly below seasonal patterns in part due to the natural disaster in Japan.
The industry continued to mitigate the impact through successful supply chain recovery efforts and should see significant improvement reflected in the second half of 2011, he said.
'Semiconductor industry, year-to-date growth continues to trend higher than the national GDP and in 2010 hit a record-breaking $298 billion in worldwide annual revenue.
'Overall, higher fuel and food costs have led to a decrease in consumers' discretionary funds. This trend could be a factor in the overall softening of growth across all US-based manufacturing industries,' he said.
The SIA is scheduled to release an updated Semiconductor Growth Forecast for 2011-2014 from the World Semiconductor Trade Statistics (WSTS) organisation in early June.
However, on a month-on-month basis, sales declined 2.2% from March when the sales totaled US$25.2 billion, it said.
The SIA represents over 60 companies in the US that account for about 80% production of semiconductors of that country.
In a statement May 31 on its website, SIA president Brian Toohey said that although the month-over-month sales saw a slight decline, the SIA remained optimistic given that the industry had increased sales compared to the same month last year.
'We expect moderate growth to continue through the remainder of the year,' he said.
Toohey said the month-over-month results were slightly below seasonal patterns in part due to the natural disaster in Japan.
The industry continued to mitigate the impact through successful supply chain recovery efforts and should see significant improvement reflected in the second half of 2011, he said.
'Semiconductor industry, year-to-date growth continues to trend higher than the national GDP and in 2010 hit a record-breaking $298 billion in worldwide annual revenue.
'Overall, higher fuel and food costs have led to a decrease in consumers' discretionary funds. This trend could be a factor in the overall softening of growth across all US-based manufacturing industries,' he said.
The SIA is scheduled to release an updated Semiconductor Growth Forecast for 2011-2014 from the World Semiconductor Trade Statistics (WSTS) organisation in early June.
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