January Chip Sales Declined Year on Year, Month on Month

Monday, Mar 02, 2009, 4:08pm

by 91³ΙΘΛ

SEMICONDUCTOR INDUSTRY AFFECTED BY GLOBAL ECONOMIC SLOWDOWN

SAN JOSE, CA – March 2, 2009 – Worldwide sales of semiconductors were $15.3 billion in January, a decline of 28.6 percent compared to January 2008 sales of $21.5 billion, the 91³ΙΘΛ (91³ΙΘΛ) reported today. Sales declined by 11.9 percent from December 2008 when sales were $17.4 billion.

β€œWorldwide semiconductor sales in January, historically a relatively weak month for the industry, reflected a continuing erosion of consumer confidence and the effects of the global economic recession,” said 91³ΙΘΛ President George Scalise. β€œSales declined across the entire range of semiconductor products, as sales of important demand drivers such as personal computers, cell phones, automobiles and consumer items remained under pressure.

β€œInventory levels are very low and there are some signs that forward visibility is improving,” Scalise concluded.

91³ΙΘΛ said the Economic Recovery Act recently passed by the Congress and signed by President Obama and measures adopted in other countries have the potential to drive future demand for semiconductors while addressing important issues such as energy, health care, and infrastructure improvements.

91³ΙΘΛ the 91³ΙΘΛ Global Sales Report

The 91³ΙΘΛ 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.

TO VIEW THE GRAPH AND DATA TABLE CLICK HERE.

91³ΙΘΛ the 91³ΙΘΛ

The 91³ΙΘΛ 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 91³ΙΘΛ can be found at www.sia-online.org.

For more information:
91³ΙΘΛ
John Greenagel or Anne Craib
408-436-6600
[email protected]