Semiconductor Chip Sales Up Year-on-Year

Posted 01/04/2011 at 5:17am | by Paul Lilly

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Worldwide semiconductor sales for November 2010 reached $26 billion, down 0.9 percent from one month prior, but up 14.4 percent from the same month in 2009, according to new data by the Semiconductor Industry Association (SIA).

"Despite continuing macroeconomic uncertainty, the semiconductor industry is slated to close the year at record sales levels with year-over-year growth rates not experienced in nearly a decade," said SIA President Brian Toohey. "The application of advanced technologies continues to further the proliferation of semiconductor content into a wider range of end products including media tablets, smartphones, eReaders, and automobiles, resulting in impressive semiconductor sales in 2010. We expect continued moderation in sales growth, in line with our November forecast."

For the whole year up to November, sales surged 34 percent to $271.8 billion, a staggering $202.8 billion increase from the same 11 month period in 2009. By 2012, SIA expects semiconductor sales to reach $329.7 billion.