Wednesday, July 6, 2011

Global semicon sales up 1.8% m-o-m to US$25b in May, says SIA

KUALA LUMPUR: Global semiconductor sales rose 1.8% month-on-month in May to US$25 billion from US$24.6 billion, according to the US-based Semiconductor Industry Association (SIA).

On a year-on-year basis, sales grew 1.3%, it said.

The SIA represents over''60 companies that account for 80% of the semiconductor production of that country.

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

In a statement on its website on July 5, SIA president Brian Toohey said that taking into consideration macroeconomic factors impacting''consumer confidence, the''steady''but modest''growth that the industry demonstrated in May was encouraging.

'Global demand for high-end electronics,''the continuing proliferation of semiconductor TECHNOLOGY [] into a wider range of products,''growth in emerging economies''and better than expected recovery from the Japan earthquake''will be continued drivers of industry growth in 2011,' he said.

Toohey said the industry continues to see demand for tablets and e-readers grow, as well as increased demand for industrial processors that enable devices to harness renewable energy like solar panels and e-meters.

Additionally, the industry has seen strong demand for electronic systems included across all ranges of vehicles, he said.

Toohey said economic uncertainty both in the US and abroad bears close watching, while further opportunities for semiconductor sales growth would be concentrated in emerging markets like China and India.

'Year-to-date results are in line with projections recently reported in the Spring Semiconductor Sales Forecast from WSTS that indicate global industry sales will increase 5.4% for 2011, 7.6% in 2012 and 5.4% in 2013, with a 3-year compound annual growth rate of 6.13% from 2010 to 2013,' he said.

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