Global Semiconductor Sales Grow at Fastest Rate in Almost Two Years
Jun 12, 2012
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Worldwide sales of semiconductors were $24.1 billion in April 2012, up 3.4% from March when sales were $23.3 billion, according to the Semiconductor Industry Association (SIA). It was the largest month-over-month industry growth since May 2010.
April 2012 sales were still 2.9% below April 2011 total of $24.8 billion and 2012 year-to-date sales of $93.7 billion were down 5.9% from $99.5 billion at the same time last year. All monthly sales numbers represent a three-month moving average.
"The outlook for the global semiconductor industry continues to be one of cautious optimism," said Brian Toohey, SIA president and CEO. "We are beginning to see an encouraging trend of modest, sequential growth and we anticipate this trend will continue during the rest of this year, with stronger growth predicted for 2013 and beyond. But that optimism continues to be tempered by macroeconomic factors."
* Americas: semiconductor sales were up 5.6%
* Asia Pacific region: up 5.4%
* Europe: up 1.8%
* Japan: down 1.8%
SIA also endorsed the World Semiconductor Trade Statistics (WSTS) Spring 2012 forecast of semiconductor sales forecast, projecting industry worldwide sales will hit $301 billion in 2012, which will be up 0.4% from 2011 sales total.
Forecasts for 2012 regionally by WSTS:
* Americas: up 3.2%
* Japan: up 1.7%
* Asia Pacific: up 0.1%
* Europe: down -3.5%
WSTS forecasts the industry to grow at a significantly faster pace across all regions after 2012. It forecasts the global industry sales to by up 7.2% globally in 2013 to $322 billion in total sales. It forecasts 4.4% growth for 2014 to $337 billion.
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