Tuesday, March 5, 2013

After slowdown in 2012 global semiconductor market predicted to grow 4.5 percent in 2013

USA: After experiencing a slowdown in 2012 the global semiconductor market is set for growth. The World Semiconductor Trade Statistics (WSTS) predicts the global semiconductor market to grow by 4.5 percent in 2013 after declining 3.2 percent in 2012.

The SPDR S&P Semiconductor ETF (XSD) has gained over 7 percent year-to-date.

The global semiconductor industry posted total sales of $291.6 billion in 2012, according to the Semiconductor Industry Association. The total was the third highest ever, but a decline of 2.7 from the record $299.5 billion set in 2011.

The industry began to show some strength in the fourth quarter as it posted sales of $74.2 billion, which was a year-over-year increase of 3.8 percent.

"Despite substantial macroeconomic challenges, the global semiconductor industry outperformed forecasts and posted one of its highest yearly sales totals in 2012," said Brian Toohey, president and CEO, Semiconductor Industry Association. "Recent momentum, led by strength in the Americas, has the industry well-positioned for a successful 2013."

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