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Semiconductor sales grew by 1 percent in March, reports SIA |
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Apr 30, 2007 at 03:27 PM |
 According to the latest figures from the Semiconductor Industry Association (SIA), worldwide sales of semiconductors reached $20.3 billion in March - just 1 percent higher than February 2007.
Worldwide sales of semiconductors of $20.3 billion in March were 1.0 percent higher than the $20.1 billion reported for February, and 3.2 percent higher than the $19.7 billion reported for March 2006, the Semiconductor Industry Association (SIA) reported today. First-quarter global chip sales amounted to $61.0 billion, an increase of 3.2 percent from the $59.1 billion reported for the first quarter of 2006. Sales declined by 6.5 percent in the first quarter of 2007 compared to the $65.2 billion reported for the final quarter of 2006.
First-quarter global chip sales amounted to $61.0 billion, an increase of 3.2 percent from the $59.1 billion reported for the first quarter of 2006. Sales declined by 6.5 percent in the first quarter of 2007 compared to the $65.2 billion reported for the final quarter of 2006.
"Global sales of semiconductors reversed three months of sequential declines with a nominal gain of just over 1 percent in March," said SIA President George Scalise. "The competitive pressures we've seen in the semiconductor industry over the past few months have led to record low prices for PCs - the average sales price for a consumer PC fell to $850 in the first quarter...Sales for the year to date are running slightly ahead of last year's record level, but well short of the 10 percent growth projected in the forecast issued by SIA last November. Semiconductor sales are increasingly tied to worldwide economic performance and consumer confidence," added Scalise.
Although the SIA is not expected to provide an updated yearly forecast until June 13, the continued pricing pressure in the memory and microprocessor markets makes it almost a certainty that the trade association will be forced to lower 2007 expectations. Currently, the majority of the leading market research firms have made significant cuts to their 2007 forecasts in just the last month.
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