Semiconductor sales depressed in January
March 3, 2009
Worldwide sales of semiconductors declined 28.6 percent compared to January 2008 sales of $21.5 billion, the Semiconductor Industry Association reported. January sales were $15.3 billion, down 11.9 percent from December 2008 when sales were $17.4 billion.
Semiconductors are used in the manufacture of high-technology products including cellular phones, personal computers, automobiles and other items. PCs and cellular phones have the biggest impact on global sales of semiconductors.
The depressed sales of semiconductors reflect a continued erosion of consumer confidence and a struggling global economy, said SIA president George Scalise.
Worldwide semiconductor sales in January, historically a relatively weak month for the industry, reflected a continuing erosion of consumer confidence and the effects of the global economic recession," said Scalise. "Sales declined across the entire range of semiconductor products."
George Shiffler, a research director at Gartner in San Jose, which released the SIA report Monday, told the San Francisco Chronicle that Silicon Valley is going to experience tough times ahead. "It's grit your teeth and gut your way out," he said.
SIA said the Economic Recovery Act and measures adopted in other countries have the potential to drive future demand for semiconductors while addressing important issues such as energy, health care and infrastructure improvements.
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