Advertisement

News Wire

Global Semiconductor Sales Rise 6.1% Q-to-Q

WASHINGTON — Worldwide sales of semiconductors were $26.5 billion in September, a gain of 2.9% from the prior month when sales were $25.8 billion, the Semiconductor Industry Association (SIA) reported today. Sales for the third quarter of 2010 amounted to $79.4 billion, a 6.1% increase from the previous quarter when sales were $74.8 billion. Third quarter sales were 26.2% higher than the $62.9 billion for the like period in 2009. All monthly sales numbers represent a three-month moving average.

“Semiconductor sales have grown steadily in all regions through the third quarter of 2010, with strong demand in consumer and industrial electronic products,” said SIA President Brian Toohey. “Inventory for the industry continues to be generally in balance with demand,” Toohey continued.

“We could see moderation in the growth rate through the end of the year as demand for consumer electronic products such as personal computers, flat panel televisions, and mobile devices are potentially impacted by continuing economic uncertainty,” Toohey concluded.

SIA will release an updated semiconductor forecast on November 4th.

{complink 7501|Semiconductor Industry Association (SIA)}

0 comments on “Global Semiconductor Sales Rise 6.1% Q-to-Q

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.