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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

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Dec 5 4:00 PM EST

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From: FJB	5/2/2011 10:03:15 AM
	1 Recommendation of 95531

Global averaged chip sales growth slows in March eetimes.com Peter Clarke 5/2/2011 9:43 AM EDT LONDON – The three-month average of worldwide sales of semiconductors was $25.26 billion in March 2011, a 2.5 percent increase from the prior month when sales were $24.65 billion, and an increase of 8.6 percent from March 2010 when sales were $23.27 billion, according to the Semiconductor Industry Association (SIA). It appears that the averaged sales figure for February has been revised downward from $25.19 billion. Sales in the first quarter of 2011 reached $75.8 billion, an increase of 8.6 percent over last year's first quarter sales of $69.8 billion and a sequential increase of 0.4 percent over the prior quarter. "At the close of the first quarter of this year we are very encouraged by the performance of the global and domestic semiconductor industry," said Brian Toohey, president of the Semiconductor Industry Association, in a statement. The above numbers are based on a three-month average of the actual sales in the nominal month and the two preceding months. The SIA and the European Semiconductor Industry Association use an average to smooth out the monthly data that would otherwise show troughs at the beginning of the quarters and peaks at the end of the quarters.

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