SAN JOSE, Calif. -- The Semiconductor Industry Association (SIA) reported record
growth for ICs in May, but it also sees a slowdown in the second half of 2010.
The trade group reported that worldwide sales of semiconductors in May were
$24.7 billion, a sequential increase of 4.5 percent from April when sales were
$23.6 billion and a year-on-year increase of 47.6 percent from May 2009 when
sales were $16.7 billion.
The year-on-year growth rate declined slightly from the 50.4 percent reported
in April. All monthly sales numbers represent a three-month moving average.
The numbers were expected. The three-month average of global sales of
semiconductors for May was $24.65 billion, up 4.5 percent compared with the
previous month and up 47.6 percent compared with the same month a year before,
according to the European Semiconductor Industry Association (ESIA) on Monday
“Global sales of semiconductors in May reached a new high and remain on pace
to reach the SIA forecast of 28.4 percent growth to $290.5 billion in 2010,”
said SIA President George Scalise, in a statement.
SIA noted that the industry year-on-year and sequential growth rates are
likely to continue to slow during the second half of 2010.
“Recent chip sales have shown robust demand, but the year-on-year growth
rates also underscore the very depressed market conditions of the first half of
2009. Going forward, the year-on-year growth comparisons will reflect the
industry recovery that gained momentum in the second half of last year,'' he
“Growing concerns about issues such as government debt, declining consumer
confidence, and pressures on government spending do not appear to have affected
worldwide semiconductor sales to date, but given the semiconductor industry’s
growing sensitivity to macroeconomic conditions, these issues bear watching in
the second half of 2010,” Scalise concluded.