Chip sales down 30 pct in March: SIA

May 01, 2009
A probe pin ring, chip testing equipment, is on display at the three-day annual exhibition on seminconductor equipment and related products in Taipei in 2005. Global semiconductor sales fell nearly 30 percent in March compared with a year ago but improved slightly over the previous month, the Semiconductor Industry Association (SIA) said.

Global semiconductor sales fell nearly 30 percent in March compared with a year ago but improved slightly over the previous month, the Semiconductor Industry Association (SIA) said Friday.

Worldwide sales of semiconductors hit 14.7 billion dollars in March, down 29.9 percent from a year ago as the global recession continued to take a big bite out of the computer chip industry, the SIA said.

It said sales for the first quarter fell to 44 billion dollars from 62.8 billion dollars during the same period last year, and 52.2 billion dollars in the fourth quarter of 2008.

The trade association said that while sales were down year-on-year, March sales of 14.7 billion dollars were a 3.3 percent improvement on February sales of 14.2 billion dollars.

"The modest sequential rebound in worldwide sales in March suggests that demand has stabilized somewhat, albeit at substantially lower levels than last year," SIA president George Scalise said.

"There are some bright spots such as 'smartphones' and 'netbook' PCs, but there are no clear signs of early firming of demand in other major end markets such as automotive, corporate information technology, and consumer electronics.

"The global chip industry continues to reflect the influence of the worldwide ," Scalise said.

"We expect measures in the US combined with other countries will begin to impact as we enter 2010," he added.

Market research firm Gartner said last month that worldwide revenue fell by more than five percent last year and could face a "far worse" decline this year.

(c) 2009 AFP

Explore further: Yahoo sees signs of growth in 'core' (Update)

add to favorites email to friend print save as pdf

Related Stories

Semiconductor sales down 28.6 pct in January: SIA

Mar 02, 2009

Worldwide semiconductor sales declined 28.6 percent in January from a year ago as the global recession continued to take a big bite out of the computer chip industry, an industry tracker said Monday.

World semiconductor sales up 5 percent

Nov 01, 2005

World semiconductor sales grew more than 5 percent in September as demand remained robust and driven by brisk markets for cell phones and personal computers.

Semiconductor revenue down 5 pct in 2008

Apr 08, 2009

Worldwide semiconductor revenue fell by more than five percent last year and could face a "far worse" decline this year, market research firm Gartner Inc. reported on Wednesday.

Taiwan's HTC says profit down 30 percent

Apr 06, 2009

Taiwan's smartphone maker HTC Corp posted a year-on-year 30 percent fall in first quarter net profit as the global economic meltdown hit sales, the company said Monday.

Chipmakers shrug off economic worries

Jun 08, 2006

Oil prices continue to go up, and there is growing concern about inflation putting a damper on economic growth across the globe. Yet while it may be easy enough to be wary of global growth prospects, the electronics ...

Recommended for you

Technip, Heerema win third giant Angolan oil contract

2 hours ago

The ultra-deep Angolan offshore oil project called Kaombo generated the third huge contract in three days on Wednesday when French group Total picked two firms to carry out underwater engineering worth $3.5 billion.

Yahoo sees signs of growth in 'core' (Update)

16 hours ago

Yahoo reported a stronger-than-expected first-quarter profit Tuesday, results hailed by chief executive Marissa Mayer as showing growth in the Web giant's "core" business.

Twitter buys data analytics partner Gnip

19 hours ago

Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day—to advertisers, academic institutions, politicians and other customers.

User comments : 0

More news stories

Floating nuclear plants could ride out tsunamis

When an earthquake and tsunami struck the Fukushima Daiichi nuclear plant complex in 2011, neither the quake nor the inundation caused the ensuing contamination. Rather, it was the aftereffects—specifically, ...

Unlocking secrets of new solar material

(Phys.org) —A new solar material that has the same crystal structure as a mineral first found in the Ural Mountains in 1839 is shooting up the efficiency charts faster than almost anything researchers have ...