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February 28, 2010

Global chip sales up 47.2% to $22.5bn in January: SIA

Sees strength across PCs, cell phones, automobiles and industrial applications

By CBR Staff Writer

Worldwide sales of semiconductors increased 0.3% to $22.5bn in January 2010, compared to $22.4bn in December 2009, according to latest updates from the Semiconductor Industry Association (SIA).

The sales were 47.2% higher in January 2010, compared to $15.3bn in January 2009. All monthly sales numbers represent a three-month moving average.

According to the SIA Global Sales Report, the sales in Asia Pacific region for the month of January 2010 increased by 69.2%, compared to the same period last year. For Americas and Europe regions, sales rose by 48.2% and 29.5%, respectively.

When compared to sales in December 2009, the Asia Pacific region grew by 0.3%, but the sales in Americas, Europe, Japan regions declined marginally by 1.9%, 0.3% and 2.6%.

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George Scalise, president of SIA, said: “Worldwide semiconductor sales in January increased significantly compared to one year ago, reflecting today’s improving business environment for the industry. January and February of 2009 were the low point of the industry downturn as the semiconductor industry and electronics manufacturers quickly responded to the global economic recession.

“We are currently seeing strength across a range of demand drivers for semiconductors, including personal computers, cell phones, automobiles, and industrial applications. If the current trends continue, there is upside potential for 2010 growth above our November forecast of $242.1bn, but a growing global economy driven by consumer purchasing will be key to sustaining these trends.”

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