Year to date sales total $169.2 billion, an increase of 46.7 percent from the $115.3 billion reported for the first seven months of 2009. All monthly sales numbers represent a three-month moving average.
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“Worldwide sales of semiconductors were strong in July despite growing indications of slower growth in the overall economy,” said SIA President Brian Toohey.
“The continued proliferation of semiconductors into a broad range of products provides opportunities for industry expansion even in a period of slower overall economic growth. Although recent public statements from a number of major manufacturers have emphasized limited visibility for the near-term, we continue to expect that industry growth for 2010 will be in line with our mid-year forecast of 28.4 percent,” Toohey concluded.
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