Worldwide adoption of 3G wireless communications coupled with investment in infrastructure contribute to strong growth
Worldwide semiconductor sales were up by 2.2% to $23.6bn in April, 2010, compared to $23.1bn in March, 2010, according to latest updates from the Semiconductor Industry Association (SIA).
Sales were 50.4% higher in April 2010, compared to $15.7bn in April 2009. Sales for the first four months of 2010 were $92.6bn compared to $60.1bn for the like period of 2009, an increase of 54.2%. All monthly sales numbers represent a three-month moving average.
According to the SIA Global Sales Report, sales in Asia Pacific region rose by 55.1% to $12.86bn from $8.3bn in the same period last year, while sales in Japan rose by 43.2% to $3.67bn from $2.57bn. For Americas and Europe regions, sales rose by 48.9% and 42.9% to $3.94bn and $3.10bn, respectively.
Sales in all regions increased when compared to March 2010. Sales in Asia Pacific region were up by 2.4%, Americas by 3.1%, Europe by 0.5% and Japan up by 2.3%.
George Scalise, president of SIA, said: “Global sales of semiconductors grew at a healthy rate in April, surpassing the previous monthly record level of November 2007. Important contributors to current growth of semiconductor sales include the worldwide adoption of 3G wireless communications and consequent investment in infrastructure and recovery of demand from the enterprise, automotive, and industrial sectors.
“Going forward, we expect semiconductor sales will return to historical seasonal patterns. Future growth of the industry remains heavily dependent on the continued global economic recovery, and in particular, on continued growth in the developing markets that are the largest demand drivers for our products.”