Global sales of semiconductors reached its highest-ever quarterly total of Rs.5.09 lakh crore ($80.92 billion) in the third quarter of 2013, according to the Semiconductor Industry Association (SIA). This marks an increase of 8.4 per cent over the second quarter total of Rs.4.69 lakh crore ($74.64 billion).

In addition, global sales for the month of September reached Rs.1.70 lakh crore ($26.97 billion), the highest monthly total ever and an increase of 8.7 per cent compared to September 2012. September sales were 3.3 per cent higher than the previous month's total of Rs.1.64 lakh crore ($26.10 billion).

"The global semiconductor industry has built impressive momentum through the third quarter of the year and is well-positioned for a strong close to 2013, thanks largely to growing strength in the Americas," said Brian Toohey, president and CEO, Semiconductor Industry Association. "The industry established new monthly and quarterly bests in September, and favourable trend lines indicate continued growth."

"Sales of memory products have increased sharply compared to last year and continue to be a major driver of industry growth, but we have seen encouraging growth across the board, including solid increases in demand for analogue and logic products."

Sales in the Americas increased by 24.3 per cent compared to September 2012, Asia Pacific (9.9 per cent), and Europe (6.4 per cent), but decreased in Japan (-12.9 per cent), in large part "because of the devaluation of the Japanese yen."

"Sales in September were up across all regions compared to the previous month, with the Americas posting the largest increase of 5.7 per cent," said SIA.

By: DocMemory
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