SIA reported shrinking of chip market versus 2011

Published:2012/7/5 1:09:00 Author:Ecco From:SeekIC

The Semiconductor Industry Association (SIA) made a report about the three-month average of worldwide sales of semiconductors. The report indicated that the sales reached $24.39 billion for the month of May 2012, 3.4 percent lower than in May 2011, but a 1.4 percent increase over the prior month when sales were $24.07 billion.

Brian Toohey, president & CEO of the SIA, said that "Recent sales totals are in line with industry projections of modest growth for the remainder of 2012, but a sluggish global economy continues to provide substantial headwinds, limiting more robust growth." It's difficult for the second-half growth to overturn a first half that has been down on 2011. SIA is expecting that global chip sales in 2012 will be flat compared with 2011.

Monthly data is given by the SIA as a three-month average although the source of the data, the World Semiconductor Trade Statistics organization, tracks actual monthly data. The SIA and other regional semiconductor industry bodies like to use the averaged data because it eliminates the actual data that usually show troughs at the beginnings of the quarters and peaks at the ends of the quarters.

However, Japan realized an increase in sales from the three-month avergae of May 2011 to the three-month-average of May 2012 (0.4 percent), while Asia Pacific (-1.9 percent), the Americas (-3.2 percent) and Europe (-13.6 percent) all saw year-to-year decreases.

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