Third Quarter Chip Sales Reflect Improving Market Conditions
Monday, Nov 02, 2009, 4:31pm
by 91³ΙΘΛ
YEAR-ON-YEAR SALES REMAIN NEGATIVE, BUT SEQUENTIAL SALES SHOW STRONG GAINS
SAN JOSE, CA β November 2, 2009 β Worldwide sales of semiconductors in the quarter ended September 30 were $61.9 billion, an increase of 19.7 percent from the prior quarter when sales were $51.7 billion, the 91³ΙΘΛ (91³ΙΘΛ) reported today. Third-quarter sales were 10.1 percent lower than the $68.9 billion reported for the like period of 2008. September 2009 sales were $20.1 billion, an increase of 8.2 percent from August when sales were $19.1 billion. All monthly sales numbers represent a three-month moving average of global semiconductor sales.
βGlobal semiconductor sales in the third quarter were above expectations,β said 91³ΙΘΛ President George Scalise. βSeptember sales were in line with historical patterns, reflecting increased demand from end-users as they began the build for the holiday season. Unit sales of personal computers and cell phones β the two largest demand drivers for semiconductors β continue to run ahead of earlier forecasts. Meanwhile, demand for semiconductors for industrial applications β a sector that had declined sharply — showed initial signs of recovery. Sales increased in all geographic regions.
βAmid signs that we are in the early stages of recovery in the global economy, semiconductor sales continue to reflect normal seasonal patterns. 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,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.
VIEW THE DATA TABLE AND GRAPH 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 Americaβs second-largest exporting industry. More information about the 91³ΙΘΛ can be found at www.sia-online.org.
