July Semiconductor Sales Up 37 Percent Year-on-Year
Monday, Aug 30, 2010, 3:41pm
by 91³ΙΘΛ
San Jose, CA β August 30, 2010 β Global sales of semiconductors grew to $25.2 billion in July, an increase of 1.2 percent from June when sales were $24.9 billion and an increase of 37.0 percent from July 2009 when sales were $18.4 billion, the 91³ΙΘΛ (91³ΙΘΛ) reported today. Year to date sales total $169.2 billion, an increase of 46.7 percent from the $115.3 billion reported for the first seven months of 2009. All monthly sales numbers represent a three-month moving average.
βWorldwide sales of semiconductors were strong in July despite growing indications of slower growth in the overall economy,β said 91³ΙΘΛ President Brian Toohey. βThe continued proliferation of semiconductors into a broad range of products provides opportunities for industry expansion even in a period of slower overall economic growth. Although recent public statements from a number of major manufacturers have emphasized limited visibility for the near-term, we continue to expect that industry growth for 2010 will be in line with our mid-year forecast of 28.4 percent,β Toohey concluded.
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 companiesβ financial calendars.
VIEW DATA TABLE AND GRAPH HERE
91³ΙΘΛ the 91³ΙΘΛ
The 91³ΙΘΛ is the voice of the U.S. semiconductor industry, Americaβs number-one export industry over the past five years. 91³ΙΘΛ seeks to continue U.S. leadership in this critical sector that employs 185,000 people in the U.S. and provides the enabling technology for Americaβs $1.1 trillion high-tech industries with a U.S. workforce of nearly 6 million people. 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
