Global semiconductor sales flat month-on-month

WASHINGTON, USA: The Semiconductor Industry Association (SIA) has reported that worldwide semiconductor sales in October were $26.3 billion, staying flat from the prior month when sales were also $26.3 billion.

Sales increased by 19.8 percent from October 2009 when sales were $22.0 billion. Sales for the year through October were $248.2 billion compared to $181.2 billion for the same period in 2009, an increase of 37.0 percent. All monthly sales numbers represent a three-month moving average.

“As expected, we are experiencing moderation in sequential sales growth rates in line with seasonal patterns, a trend that will likely continue through year end,” said SIA president Brian Toohey.

“Future growth will be increasingly driven by demand in developing markets where rapid adoption of semiconductor end use products such as mobile devices and consumer electronics continues,” Toohey concluded.Source: SIA, USA.