Monday, November 1, 2010

Global semiconductor sales rise 6.1 percent quarter-on-quarter

WASHINGTON, USA: Worldwide sales of semiconductors were $26.5 billion in September, a gain of 2.9 percent from the prior month when sales were $25.8 billion, the Semiconductor Industry Association (SIA) reported.

Sales for the third quarter of 2010 amounted to $79.4 billion, a 6.1 percent increase from the previous quarter when sales were $74.8 billion. Third quarter sales were 26.2 percent higher than the $62.9 billion for the like period in 2009. All monthly sales numbers represent a three-month moving average.

“Semiconductor sales have grown steadily in all regions through the third quarter of 2010, with strong demand in consumer and industrial electronic products,” said SIA president Brian Toohey. “Inventory for the industry continues to be generally in balance with demand,” he continued.

“We could see moderation in the growth rate through the end of the year as demand for consumer electronic products such as personal computers, flat panel televisions, and mobile devices are potentially impacted by continuing economic uncertainty,” Toohey concluded.Source: Semiconductor Industry Association, USA.

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