Monday, October 31, 2011

Global semiconductor sales increase 2.7 percent in September

Caroline Kazmierski

WASHINGTON, D.C., USA: The Semiconductor Industry Association (SIA), representing US leadership in semiconductor manufacturing and design, announced that worldwide sales of semiconductors were $25.8 billion for the month of September, an increase of 2.7 percent from the prior month when sales were $25.1 billion. Overall quarter-over-quarter sales increased 2.1 percent and on a year-to-date basis sales grew 2.2 percent. All monthly sales numbers represent a three-month moving average.

“September’s global sales demonstrate an optimistic close to the 3rd quarter,” said Brian Toohey, president, Semiconductor Industry Association. “While global economic uncertainty creates limited visibility for the remainder of the year, recent positive indicators and developments in the US and Europe are encouraging.”

“We would like to extend our sympathies to the people of Thailand suffering through a humanitarian crisis caused by devastating flooding,” Toohey continued.

A 13.7 percent quarter-over-quarter increase in Japan was driven by progress made in their recovery efforts. Additionally, strong demand for automotive applications and mobile processing in handheld devices like smart phones, tablets and eReaders added to the quarter-over-quarter increase. An updated World Semiconductor Trade Statistics (WSTS) forecast is expected to be released at the end of November.Source: SIA, USA.

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