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Bill J SCIQ
The semiconductor recovery is solid, with 2010 growth certainly over 30%. The ...
yalanand
@daleste Still not clear if we will avoid double dip recession. There are ...
SIA: Chip sales up 7% sequentially in Q2
Dylan McGrath
8/2/2010 3:38 PM EDT
SAN FRANCISCO—Second quarter semiconductor sales amounted to $74.8 billion, up 7.1 percent from $69.9 billion in the first quarter, according to the Semiconductor Industry Association (SIA) trade group.
June chip sales amounted to $24.9 billion, up less than one percent from $24.8 billion, the SIA said Monday (Aug. 2).
"Sales in the first half of 2010 were exceptionally robust, driven by strong demand from a broad range of end markets," said SIA President Brian Toohey, in a statement.
Chip sales of $144.6 billion for the first half of the year were up more than 50 percent from $96.1 billion in the first half of 2009, Toohey said.
"We expect that sequential growth rates will moderate in the coming months, with the result that year-on-year growth for the industry will be in line with our mid-year forecast of 28.4 percent," Toohey said.
On Monday, market research firm iSuppli Corp. increased its forecast for the semiconductor market this year, saying it now expects revenue for the industry to be up 35 percent from 2009. Other market research firms, including VLSI Research Inc. and IC Insights Inc., have also increased their chip forecasts for the year in recent days.
The SIA said the year-to-year sales growth reflects not only strong demand from key end markets but also the effects of the industry slowdown in the first half of 2009.
"Macroeconomic factors such as consumer confidence, job growth, and overall economic growth continue to bear watching for their possible impact on sales in the second half," Toohey said.
June chip sales amounted to $24.9 billion, up less than one percent from $24.8 billion, the SIA said Monday (Aug. 2).
"Sales in the first half of 2010 were exceptionally robust, driven by strong demand from a broad range of end markets," said SIA President Brian Toohey, in a statement.
Chip sales of $144.6 billion for the first half of the year were up more than 50 percent from $96.1 billion in the first half of 2009, Toohey said.
"We expect that sequential growth rates will moderate in the coming months, with the result that year-on-year growth for the industry will be in line with our mid-year forecast of 28.4 percent," Toohey said.
On Monday, market research firm iSuppli Corp. increased its forecast for the semiconductor market this year, saying it now expects revenue for the industry to be up 35 percent from 2009. Other market research firms, including VLSI Research Inc. and IC Insights Inc., have also increased their chip forecasts for the year in recent days.
The SIA said the year-to-year sales growth reflects not only strong demand from key end markets but also the effects of the industry slowdown in the first half of 2009.
"Macroeconomic factors such as consumer confidence, job growth, and overall economic growth continue to bear watching for their possible impact on sales in the second half," Toohey said.
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daleste
8/3/2010 12:03 AM EDT
It looks like the semiconductor market has rebounded. Will the rest of the economy follow? Will we avoid a double dip? Is there hiring at your company?
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yalanand
8/3/2010 1:55 AM EDT
@daleste Still not clear if we will avoid double dip recession. There are confilcting reporst coming from TSMC and iSuppli. TSMC says market has peaked whereas iSuppli is increasing its forecast. But the Job picture in India is pretty clear. Lot of job oppurtunites available in the semiconductor domain. Companies like Intel, Cadence are hiring big time in India. Keeping fingers crossed that worst is over for the economy.
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Bill J SCIQ
8/5/2010 7:59 PM EDT
The semiconductor recovery is solid, with 2010 growth certainly over 30%. The key demand drivers (PCs, mobile phones and consumer electronics) are all healthy. More information on this at www.semiconductorintelligence.com
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