Friday, October 2, 2009
The three-month average of global sales of semiconductors rose to $19.06 billion in August, July, up 5.0 percent from $18.15 billion in July and down 16.1 percent from $22.71 billion in August 2008, according to the Semiconductor Industry Association (SIA).
The figures, based on statistics gathered by the World Semiconductor Trade Statistics (WSTS) organization and representing a three-month moving average of chip shipments, were slightly ahead of expectations.
Sales were up sequentially in all geographic regions although Europe is responding more slowly while the Americas region market is back almost where it was one year ago. Global year-to-date sales through August are down 21.3 percent to $133.8 billion from $170.1 billion at this time last year, SIA said.
"Continuing recovery of consumer spending led the sixth-consecutive month of sequential growth in semiconductor sales," said George Scalise, president of the SIA, in a statement. "Various incentive programs for energy-efficient products, ranging from automobiles to home appliances, have bolstered demand for semiconductors, which deliver critical enabling technology for reducing energy consumption."
By: DocMemory
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