Semiconductors Going Slow
Worldwide sales of semiconductors declined in November 2008 to $20.8
billion, a drop of 9.8% from November 2007 when sales were $23.1
billion, says the Semiconductor Industry Association (SIA). Earlier
research firm Gartner also reported about the slow-moving
semiconductors market.
SIA
reveals that sales were 7.2% lower than the $22.4 billion in October
2008. Excluding memory products from the calculation shows a slower
year-on-year decline of 4.8% to $17.3 billion from $18.2 billion.
Sales
for the first 11 months of 2008 were $232.7 billion, an increase of
0.2% from the first 11 months of 2007 when sales were $232.2 billion.
Excluding memory products, year-to-date industry sales increased
5.6%.
“The
worldwide economic crisis is having an impact on demand for
semiconductors, but to a lesser degree than some other major industry
sectors. We expect the industry will remain the second largest
exporter in the U.S. for 2008,” said SIA President George Scalise.
According to Gartner,
the worldwide semiconductor revenue will come
down 16.3% in 2009, with revenue of $219.2 billion. The research firm
also says that capital equipment spending in 2009 is going to decline
31.7%. Recession is said to be the cause for downturn.
The
SIA Global Sales Report (GSR) is a three-month moving average of sales
activity. It’s compiled by the World Semiconductor Trade Statistics (WSTS)
organization, which is a non-profit industry body.
