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Global Semiconductor sales down 5% in 3Q12


Wednesday, November 7, 2012

Worldwide sales of semiconductors reached US$24.79 billion in September 2012, up 2% on month, according to SIA. Sales for the third quarter of the year totaled US$74.4 billion, up 1.8% sequentially but down 4.7% compared to the same period of 2011.

"Semiconductor sales increased from August to September and from Q2 to Q3 as the industry continued to exhibit relative steadiness in a choppy global economy, but the global industry remains behind last year's pace due to lingering economic headwinds," said Brian Toohey, SIA president & CEO. "Following tomorrow's (US presidential) election, we stand ready to work with the newly-elected Administration and Congress to enact policies that ease economic uncertainty and remove barriers to innovation."

Regionally, sales increased by 5.8% in the Americas on a sequential monthly basis, marking the region's largest increase since May 2010. Sales also increased from August to September in Asia Pacific (1.6%), Europe (0.7%) and Japan (0.2%), but all four regions lagged behind September 2011 sales.

"On a regional basis, the Americas were particularly encouraging, posting the largest monthly increase in more than two years," Toohey continued. "The region also received positive news last week when SIA announced that the US semiconductor industry now directly employs almost a quarter of a million workers and added jobs three times faster than the rest of the US economy."

By: DocMemory
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