BRUSSELS, Belgium – The three-month average of global chip sales for April are likely to be $25.3 billion April, similar to the $25.26 billion reported in March by the World Semiconductor Trade Statistics organization, according to Bruce Diesen, an analyst at Carnegie Group (Oslo, Norway).
However, the actual global sales for April will only be up 3 percent year-on-year, according to Diesen, as the market faces tough comparisons with last year.
"PC chip sales look stronger in April, but handset chip shipments should also improve," said Diesen in a note.
Japanese statistics released today show a smaller than expected effect from the earthquake of March 11 on semiconductors and chemicals in April. With a pipeline of inventory, Diesen does not expect the earthquake to impact PC or handset production until June.
Diesen is predicting world semiconductor sales in 2011 to rise 5 percent in U.S. dollar terms, putting Diesen at the top of the bear camp with TSMC (2 percent) and Nomura (4.4 percent) and away from more bearish forecasters such as Future Horizons.
Mike Cowan is predicting that the April three-month average of global chip sales will be reported at $24.69 billion. WSTS and SIA are expected to report the figure on about June 1.
Related links and articles:
Nomura sees 2011 IC market growth of 4.4%
TSMC sees 2 percent chip market growth in 2011
Analysts: Chip ASPs to fuel two good years