91ÊÓÆµ Reports April Chip Sales Grew By 2.2. Percent Month-On-Month
Tuesday, Jun 01, 2010, 3:52pm
by 91ÊÓÆµ
SAN JOSE, CA – June 1, 2010 – The 91ÊÓÆµ (91ÊÓÆµ) today reported that worldwide semiconductor sales in April were $23.6 billion, an increase of 2.2 percent from March when sales were $23.1 billion. Sales increased by 50.4 percent from April 2009 when sales were $15.7 billion. Sales for the first four months of 2010 were $92.6 billion compared to $60.1 billion for the like period of 2009, an increase of 54.2 percent. All monthly sales numbers represent a three-month moving average.
“Global sales of semiconductors grew at a healthy rate in April, surpassing the previous monthly record level of November 2007,â€� said 91ÊÓÆµ President George Scalise. “As expected, both the year-on-year and sequential growth rates moderated slightly. The unusually high year-on-year comparison is a reflection of the trough of the recession in early 2009 compared to strong demand today.
“Important contributors to current growth of semiconductor sales include the worldwide adoption of 3G wireless communications and consequent investment in infrastructure and recovery of demand from the enterprise, automotive, and industrial sectors.
“Going forward, we expect semiconductor sales will return to historical seasonal patterns. Future growth of the industry remains heavily dependent on the continued global economic recovery, and in particular, on continued growth in the developing markets that are the largest demand drivers for our products,� Scalise concluded.
91ÊÓÆµ will release its mid-year forecast on June 10.
91ÊÓÆµ the 91ÊÓÆµ Global Sales Report
The 91ÊÓÆµ Global Sales Report (GSR) is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, an independent, non-profit organization established by the global semiconductor industry to compile industry statistics. The moving average is a mathematical smoothing technique that mitigates variations due to differences in companies’ financial calendars.
VIEW DATA TABLE AND GRAPH HERE
91ÊÓÆµ the 91ÊÓÆµ
The 91ÊÓÆµ is the voice of the U.S. semiconductor industry, America’s second largest exporter. 91ÊÓÆµ seeks to continue U.S. leadership in this critical sector that employs 185,000 people in the U.S., and provides the enabling technology for America’s $1.1-trillion high-tech industries with a U.S. workforce of nearly 6 million people. More information about the 91ÊÓÆµ can be found at www.sia-online.org