March Chip Sales Rebound Slightly from February
Friday, May 01, 2009, 4:14pm
by 91³ΙΘΛ
FIRST QUARTER SALES DECLINE YEAR-ON-YEAR
SAN JOSE, CA β May 1, 2009 β Worldwide sales of semiconductors were $14.7 billion in March, a gain of 3.3 percent from the prior month when sales were $14.2 billion, the 91³ΙΘΛ (91³ΙΘΛ) reported today. Sales for the first quarter of 2009 amounted to $44.0 billion, a 29.9 percent decline from the first quarter of 2008 when sales were $62.8 billion. Sales declined by 15.7 percent from the fourth quarter of 2008 when sales were $52.2 billion.
Sales in all geographic regions except Japan showed month-to-month gains. Sales in Japan were sharply lower, reflecting a drop in the countryβs economic output. All geographic regions reported lower first-quarter sales compared to the same period of 2008.
βThe modest sequential rebound in worldwide sales in March suggests that demand has stabilized somewhat, albeit at substantially lower levels than last year,β said 91³ΙΘΛ President George Scalise. βWhile all major product sectors showed month-on-month growth, there continues to be limited visibility in end markets. There are some bright spots such as βsmart phonesβ and βnetbookβ PCs, but there are no clear signs of early firming of demand in other major end markets such as automotive, corporate information technology, and consumer electronics.
βThe global chip industry continues to reflect the influence of the worldwide economic slowdown,β Scalise continued. βWe expect economic stimulus measures in the U.S. combined with other countries will begin to impact sales as we enter 2010,β Scalise 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.
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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 Americaβs 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
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