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Seasonal patterns seen in SIA semiconductor sales report: annual growth at 37.0%
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A flat month-on-month scenario for global semiconductor sales was reported by the Semiconductor Industry Association. Worldwide semiconductor sales in October were US$26.3 billion, compared to the same US$26.3 billion reported for the previous month. Europe was the only region that saw growth (3.3%) in October, while Asia Pacific declined by 0.9%. Other regions were reported zero growth for the month.
“As expected, we are experiencing moderation in sequential sales growth rates in line with seasonal patterns, a trend that will likely continue through year end,” said SIA President Brian Toohey. “Future growth will be increasingly driven by demand in developing markets where rapid adoption of semiconductor end use products such as mobile devices and consumer electronics continues.”
According to the SIA, Ssales increased by 19.8% from October 2009 when sales were US$22.0 billion.
Sales for the year through October were reported at US$248.2 billion compared to US$181.2 billion for the same period in 2009, an increase of 37.0%.
