Semiconductor Sales Increase – November 2009
Worldwide sales of semiconductors rose to $21.7 billion in October, a 5.1 percent increase from September when sales were $20.6 billion, the Semiconductor Industry Association (SIA) reported today. Sales are 3.5 percent below October 2008 when sales were $22.5 billion. Sales for the first 10 months of 2009 were $180.0 billion, a decline of 16.6 percent from the like period of 2008 when sales were $215.8 billion. All monthly sales numbers represent a three-month moving average of global semiconductor sales.
“October is historically a strong month for the semiconductor industry as electronic equipment manufacturers ramp production for the holiday season. Inventory management throughout the supply chain has been very tight, and this may extend the fourth-quarter build season by a few weeks,” Scalise continued.
“As Semiconductor sales are increasingly driven by the performance of the overall global economy our sales are reflecting the improved economic conditions in our world markets. Sales increased sequentially in all geographic regions,” Scalise concluded.
About the SIA Global Sales Report
The SIA Global Sales Report (GSR) is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, an independent, non-profit organization established by the global semiconductor industry to compile industry statistics. The moving average is a mathematical smoothing technique that mitigates variations due to differences in companies' financial calendars.
About the SIA
The SIA is the leading voice for the semiconductor industry and has represented U.S. semiconductor companies since 1977. Collectively, the chip industry employs a domestic workforce of approximately 200,000 people. The semiconductor industry is America's second-largest exporting industry. More information about the SIA can be found at www.sia-online.org. |
