Global Semiconductor Sales Experience Near Term Challenges, Long Term Growth

WASHINGTON, Jan. 2, 2012 /PRNewswire/ -- The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced worldwide sales of semiconductors were $25.1 billion for the month of November 2011, a decrease of 2.4 percent from the prior month when sales were $25.7 billion. On a year to date basis, worldwide semiconductor sales are 0.8% higher compared to the same period last year. All monthly sales numbers represent a three-month moving average.

"Supply chain disruptions resulting from the floods in Thailand have impacted semiconductor sales in the near term, however OEM's are expected to recover production losses over the course of the next few months," said Brian Toohey , president, Semiconductor Industry Association. "November sales were additionally affected by the continuing European financial crisis which is having a broad impact on other economies and global demand."

Despite the near term supply chain and global economic challenges, the industry is still poised to close 2011 with growth and looks towards 2012 for further improvement.

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About the SIA

The Semiconductor Industry Association, SIA, is the voice of the U.S. semiconductor industry, America's number-one export industry over the last five years and a bellwether measurement of the U.S. economy. Semiconductor innovations form the foundation for America's $1.1 trillion dollar technology industry affecting a U.S. workforce of nearly 6 million. Founded in 1977 by five microelectronics pioneers, SIA unites over 60 companies that account for 80 percent of the semiconductor production of this country. Through this coalition SIA seeks to strengthen U.S. leadership of semiconductor design and manufacturing by working with Congress, the Administration and other key industry groups. The SIA works to encourage policies and regulations that fuel innovation, propel business and drive international competition in order to maintain a thriving semiconductor industry in the United States. Learn more at www.sia-online.org

Media Contact
Caroline Kazmierski
Semiconductor Industry Association
ckazmierski@sia-online.org
202-446-1101
202-716-9358

SOURCE Semiconductor Industry Association

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