SAN FRANCISCO—Global 2010 semiconductor sales totaled a record $298.3 billion, up 32 percent increased from 2009, according to the Semiconductor Industry Association (SIA).
The SIA reported that chip sales for December 2010 were $25.2 billion, down 3 percent from November 2010 but up 12 percent from December 2009. The SIA said the sequential decline in December was in line with historical seasonality.
Fourth quarter chip sales were $75.5 billion, down 4 percent from the third quarter but up 12 percent from the fourth quarter of 2009, SIA said.
"Our member companies continue to ramp up their operations to meet the growing demand for semiconductor innovation," said Brian Toohey, SIA president, in a statement.
All major semiconductor product categories showed double-digit growth in 2010 compared with 2009, SIA said.
The SIA is currently forecasting moderate, single-digit growth for the semiconductor industry in 2011.
The SIA noted that semiconductors have been the top export of the U.S. over the past five years, but that the Asia-Pacific region represents 54 percent of the total worldwide semiconductor market, compared with 18 percent for the Americas region.
Toohey warned that U.S. chip makers face fierce global competition and that policymakers and regulators "must ensure that we have balanced tax, regulatory and trade policies to allow our industry to continue to flourish in the U.S. and remain America’s largest export industry."