Worldwide semiconductor sales projected to top $300 billion in 2011
"Despite a challenging global economic environment this year and the natural disasters that have impacted production in Asia, the semiconductor industry has demonstrated impressive resilience. The growing level of semiconductor content embedded across a wide range of consumer, industrial, business and government applications points to continued growth in 2012 and 2013”, said Brian Toohey, president, Semiconductor Industry Association.
For the month of October 2011, Japan continued its recovery with month-over-month growth at 2.2 percent marking the fourth consecutive month of growth. Additionally, year to date semiconductor shipments to the Americas region grew 4.6 percent, followed by shipments to Asia Pacific at 3.4 percent and Europe at 1.2 percent year-over-year.
Beyond 2011, the industry is on track to grow steadily and modestly according to the WSTS forecast. WSTS is predicting 3.7 percent growth for 2012 and 5.8 percent growth for 2013. WSTS tabulates its annual forecast by convening an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.
Visit the Semiconductor Industry Association at www.sia-online.org
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
