LONDON ó The three-month average of global sales of semiconductors for July was $25.24 billion, up 1.2 percent from June and up 37.0 percent from July 2009, according to the Semiconductor Industry Association.
The averaged figure, based on figures compiled by the World Semiconductor Trade Statistics (WSTS), was in line with analysts' expectations.
The sequential growth was strongest in the Americas region and Japan while the year-to-year figures showed the highest growth in the Americas and Asia-Pacific regions.
The Americas region recorded $4.58 billion three-month average sales, up 3.6 percent sequentially and up 52.7 percent year-on-year. The Asia-Pacific region is more than half the global market for semiconductors and the three-month average of sales for that region was $13.48 billion, flat sequentially and up 38.4 percent year-on-year.
Japan's three-month average market was $3.88 billion, up 3.1 percent sequentially and up 19.9 percent year-on-year. Europe with a three-month average market of just $3.13 billion was up 0.8 percent sequentially and up 34.2 percent year-on-year.
"Worldwide sales of semiconductors were strong in July despite growing indications of slower growth in the overall economy," said SIA President Brian Toohey, in a statement. "The continued proliferation of semiconductors into a broad range of products provides opportunities for industry expansion even in a period of slower overall economic growth. Although recent public statements from a number of major manufacturers have emphasized limited visibility for the near-term, we continue to expect that industry growth for 2010 will be in line with our mid-year forecast of 28.4 percent," Toohey concluded.
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