Worldwide sales of semiconductors totaled $11.07 billion in April, a 3.1 percent increase from the $10.73 billion level reached in March, with all four geographic regions reporting growth for the second month in a row, according to the Semiconductor Industry Association.
"Semiconductor sales in April are continuing the steady growthexhibited in the first quarter of this year, another sign that the industry is rebounding from 2001. We expect the modest growth we are experiencing in the first half of the year to continue throughout the remainder of 2002," said George Scalise, SIA president, in a released statement. He added, "April's growth was led by an increase in sales in the wireless sector."
The SIA's Global Sales Report (GSR) is a three-month moving
average of sales activity.
On a geographic basis, April sales grew 0.2 percent in the Americas, 1.1 percent in Europe, 4.4 percent in Japan, and 3.97 percent in Asia-Pacific, compared to March.
On a year-to-year basis, sales were down 19.4 percent worldwide, with sales dropping 30.5 percent in the Americas, 25.8 percent in Europe, 34.5 percent in Japan, and 12.1 percent in Asia Pacific.