SIA Reports October Chip Sales Sales Up 5.1 Percent From September (PR)
SAN JOSE, CA – November 30, 2009 – Worldwide sales of semiconductors rose to $21.7 billion in October, a 5.1 percent increase from September when sales were $20.6 billion, the Semiconductor Industry Association (SIA) reported today. Sales are 3.5 percent below October 2008 when sales were $22.5 billion. Sales for the first 10 months of 2009 were $180.0 billion, a decline of 16.6 percent from the like period of 2008 when sales were $215.8 billion. All monthly sales numbers represent a three-month moving average of global semiconductor sales.
“October is historically a strong month for the semiconductor industry as electronic equipment manufacturers ramp production for the holiday season. Inventory management throughout the supply chain has been very tight, and this may extend the fourth-quarter build season by a few weeks,” Scalise continued.
“As Semiconductor sales are increasingly driven by the performance of the overall global economy our sales are reflecting the improved economic conditions in our world markets. Sales increased sequentially in all geographic regions,” Scalise concluded.
About the SIA Global Sales Report
The SIA 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.
For more details, including data tables and charts, please visit, http://www.sia-online.org/cs/papers_publications/press_release_detail?pressrelease.id=1679
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