Wednesday, June 2, 2010
After reporting record results for March, the Semiconductor Industry Association (SIA) today reported a new record with worldwide semiconductor sales in April at $23.6 billion, a sequential increase of 2.2% and a 50.4% increase from April 2009.
"Global sales of semiconductors grew at a healthy rate in April, surpassing the previous monthly record level of November 2007," said SIA President George Scalise in a statement. "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."
Scalise pointed to the worldwide adoption of 3G wireless communications and resulting investment in infrastructure, as well as the recovery of demand from the enterprise, automotive, and industrial sectors, as significant contributors to current growth of semiconductor sales.
April saw the largest year-over-year percentage sales increase in Asia-Pacific at 55.1%. That was followed by the Americas at 48.9%, Japan at 43.2%, and Europe at 42.9%. Month-over-month April gains were the highest in the Americas at 3.1%, followed by Asia-Pacific at 2.4%, Japan at 2.3%, and Europe at 0.5%.
According to the SIA, sales for the first four months of 2010 were $92.6 billion compared to $60.1 billion for the like period of 2009. The amount equals an increase of 54.2%. All monthly sales numbers represent a three-month moving average, the industry group noted.
"Going forward, we expect semiconductor sales will return to historical seasonal patterns," Scalise said. "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."
The SIA is slated to release its mid-year forecast on June 10.
By: DocMemory
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