Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 312.76

+1.1%

Dec 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (42437)	1/2/2009 1:15:03 PM
From: Donald Wennerstrom	Read Replies (2) of 95536

Semiconductor Sales Slow in November January 02, 2009 San Jose, CA – January 2, 2009 – Worldwide sales of semiconductors declined in November to $20.8 billion, a decline of 9.8 percent from November 2007 when sales were $23.1 billion, the Semiconductor Industry Association (SIA) reported today. Sales were 7.2 percent 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 percent 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 percent from the first 11 months of 2007 when sales were $232.2 billion. Excluding memory products, year-to-date industry sales increased 5.6 percent. “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. “Not all segments of the industry are being affected equally by the downturn. The memory market which has been under severe price pressure throughout the year has seen sales decline significantly while many other product sectors have year to date sales above 2007 levels.” Scalise added. Scalise noted that the SIA has urged Congressional leaders to move quickly to pass legislation that will strengthen consumer confidence and stimulate government and industry investment that will drive near term economic growth. sia-online.org

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next