SEMI INDUSTRY BUOYANCY:
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Worldwide Semiconductor Sales Reach Record High of $17.32 Billion in July 2000
-- Over 50% Growth in Year-to-Year Chip Sales
Business Editors/High-Tech Writers
SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 5, 2000--Worldwide sales
of semiconductors reached an all-time record high of $17.3 billion in
July 2000, increasing from $11.5 billion in July 1999, a 50%
year-over-year growth in chip sales, the Semiconductor Industry
Association (SIA) reported today.
"July's record-breaking numbers are a telling reminder that
semiconductors play a critical role in many hot growth industries,"
said George Scalise, president of the SIA. "These sales reflect the
fact that semiconductors are being used in ever more interesting,
exciting and useful ways," he added. "Semiconductors are now being
used in applications from optical networks to video games."
Semiconductor sales were strong in all geographical regions due to
growth in demand for Internet infrastructure and wireless
communications. The Asia Pacific and Japan markets grew 57.3% and
52.0%, respectively from last year. The Americas market was up 46.1%
from last year, and Europe's sales grew 46.5%.
The SIA's Global Sales Report (GSR) is a three-month moving
average of sales activity. The GSR is tabulated by the World
Semiconductor Trade Statistics (WSTS) organization, which represent
some 70 companies. The three-month moving average is a mathematical
smoothing technique that takes out variations due to company's monthly
financial calendars.
"Once we tally sales in the final four months of 2000, we are
confident the industry will reach our forecast of 31% growth this
year," commented Scalise.
From its beginning in the 1950s, the semiconductor industry has
been characterized by a four year cycle which has been sporadically
modified by unexpected economic factors. The semiconductor industry
has been led by a 17% compound annual growth rate (CAGR) for the past
forty years.
About the SIA
The SIA is the leading voice for the semiconductor industry and
has represented U.S.-based manufacturers since 1977. SIA member
companies comprise more than 90 percent of U.S.-based semiconductor
production. Collectively, the chip industry employs a domestic
workforce of 284,000 people. More information about the SIA and charts
reflecting the July numbers can be found at www.semichips.org.>>>> |
