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April 5, 2010

Global chip sales up 56.2% to $22bn in February: SIA

Demand primarily driven by growth in sales of electronic products in emerging economies

By CBR Staff Writer

Worldwide semiconductor sales down by 1.3% to $22bn in February, 2010, compared to $22.3bn in January, 2010, according to latest updates from the Semiconductor Industry Association (SIA).

Sales were 56.2% higher in February 2010, compared to $14.1bn in February 2009. All monthly sales numbers represent a three-month moving average.

According to the SIA Global Sales Report, sales in Asia Pacific region rose by 78.6% to $12.11bn from $6.78bn in the same period last year, while sales in Japan rose by 23.7% to $3.44bn from $2.78bn. For Americas and Europe regions, sales rose by 47.8% and 36.5% to $3.61bn and $2.88bn, respectively.

Sales in all regions decreased when compared to January 2010. Sales in Asia Pacific region were down by 0.4%, Americas by 3.7%, Europe by 1.7% and Japan down by 1.1%.

George Scalise, president of SIA, said: “The February sales numbers reflect continued recovery of sales of semiconductors, with demand principally driven by growth in sales of electronic products in emerging economies.

“Unit sales of the two leading demand drivers for semiconductors – personal computers and cell phones – are now projected to grow in the low- to mid-teens in 2010. While the 56% year-on-year growth reflected in the February sales number is encouraging, it is important to note that January and February of 2009 marked the low point for the semiconductor industry during the worldwide economic downturn.”

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