Headlines
November 02, 2003 03:00 PM US Eastern Timezone
Third Quarter Global Chip Sales Up 17.5% Year-Over Year; 6.5% Monthly Increase Propels Growth
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 2, 2003--Worldwide sales of semiconductors increased 6.5 percent to $14.4 billion in September 2003, up from $13.6 billion in August, and the seventh consecutive monthly increase. September's performance, the strongest percentage change since 1990, propelled quarterly revenue to $43.3 billion, a 17.5 percent increase over the third quarter of 2002, and a 13.7 percent sequential rise over the second quarter of 2003, the Semiconductor Industry Association (SIA) reported today.
"September and third quarter data confirm that demand in the global semiconductor market is rising briskly," stated SIA President George Scalise. "Performance is strong in all major market sectors -- computation, communications and consumer, indicating a solid, continuing and broad-based growth cycle."
PCs, 30 percent of the end-market, drove growth in the third quarter, producing a 33.2 percent rise in DRAMs and a 23.9 percent rise in microprocessors (MPUs). "The better than expected 7.2 percent rise in GDP for the third quarter," Scalise said, "was driven by a combination of a record 6.6 percent increase in consumer outlays, and strong business spending, as investment in computers and software rose 15.4 percent, after an 8.3 percent gain in the year's second quarter."
Flash grew 27.2 percent and Digital Signal Processors (DSPs) were up 20.3 percent in the third quarter, driven by strong growth in cell phones, which account for 12 percent of end-market demand. The consumer sector, some 17 percent of the market, is expanding across the globe with new applications and multi-functional devices. Optoelectronics were up 14.6 percent and Application Specific Standardized Products (ASSPs) were up 17.2 percent this quarter.
In the September quarter, sales in Asia Pacific rose 19.1 percent, Europe was up 12.0 percent, Japan up 11.0 percent and the Americas 8.6 percent over the July quarter this year. "Solid growth across all four geographic markets positions the industry for revenue growth exceeding 10 percent in 2003, followed by stronger double-digit growth in 2004," said Scalise.
On Wednesday, November 5th, the SIA will be releasing its annual worldwide semiconductor market forecast for 2003-2006 in a webcast beginning at 1:30 pm (PST). Please go to semiconductor.net to register for this event.
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 represents approximately 66 companies. The moving average is a mathematical smoothing technique that mitigates variations due to companies' monthly financial calendars.
September 2003
Billions
Month-to-Month Sales
Market Last Month Current Month % Change
Americas 2.61 2.75 5.4%
Europe 2.55 2.72 6.6%
Japan 3.21 3.36 4.6%
Asia Pacific 5.20 5.61 8.0%
Total 13.56 14.44 6.5%
Year-to-Year Sales
Market Last Year Current Month % Change
Americas 2.63 2.75 4.5%
Europe 2.32 2.72 17.3%
Japan 2.83 3.36 18.8%
Asia Pacific 4.51 5.61 24.4%
Total 12.29 14.44 17.5%
Three-Month-Moving Average Sales
Market Apr/May/Jun Jul/Aug/Sep % Change
Americas 2.53 2.75 8.6%
Europe 2.43 2.72 12.0%
Japan 3.03 3.36 11.0%
Asia Pacific 4.71 5.61 19.1%
Total 12.70 14.44 13.7%
About the SIA
The SIA is the leading voice for the semiconductor industry and has represented U.S. semiconductor companies since 1977. SIA member companies comprise approximately 83% of U.S.-based semiconductor production. Collectively, the chip industry employs a domestic workforce of 255,000 people. More information about the SIA can be found at www.sia-online.org.
Contacts
Semiconductor Industry Association
Molly Tuttle or Doug Andrey, 408-436-6600
mailbox@sia-online.org |
