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Semiconductor sales continue to rebound

Growth steady, but still below last year

Iain Thomson in San Francisco, V3.co.uk 03 Nov 2009

The latest data from the Semiconductor Industry Association (SIA) shows chip sales up 19.7 per cent in the past quarter.

Worldwide chip sales in the three months to 30 September rose to $61.9bn (£37.7bn), up from $51.7bn (£31.7bn) in the previous quarter. However, sales are still more than 10 per cent lower than this time last year.

"Global semiconductor sales in the third quarter were above expectations," said SIA president George Scalise.

"September sales were in line with historical patterns, reflecting increased demand from end-users as they began the build for the holiday season.

"Sales are running well ahead of the worst-case scenarios projected early in the year, and we are optimistic that total sales for 2009 will be better than our mid-year forecast."

The two strongest sectors were PCs and mobile phones, while demand for semiconductors for industrial applications showed weaker signs of recovery after plunging over the past year.

Sales increased in all regions, although growth in the Americas was slower than elsewhere. Chip sales in Europe remain the hardest hit, with sales down 24.8 per cent on last year's figures.

Scalise said that the industry is anticipating further growth this year in line with seasonal expectations.

See also:

GraphDown by more than a quarter for the year  03 Mar 2009
ChipRevenues decline as recession bites  03 Jan 2009
Semiconductor Industry Association predicts growth of 7.7 per cent until 2010  16 Nov 2007
Semiconductor sales hit a record high of $227.5bn in 2005$227.5bn in 2005  04 Feb 2006

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Tags: Chips, Semiconductor-industry-association, Hardware

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