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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST
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To: Return to Sender who wrote (11344)6/9/2021 10:12:53 PM
From: Kirk ©1 Recommendation   of 26766
 
This may be the first time I heard a 2022 projection of 8.8%.

FOR IMMEDIATE RELEASE

Global Semiconductor Sales Increase 1.9% Month-to-Month in April;
Annual Sales Projected to Increase 19.7% in 2021, 8.8% in 2021

Worldwide sales for March increase 17.8% year-to-year, 3.7% month-to-month

WASHINGTON—June 8, 2021—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $41.8 billion in April 2021, an increase of 1.9% from the March 2021 total of $41.0 billion and 21.7% more than the April 2020 total of $34.4 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. Additionally, a newly released WSTS industry forecast projects annual global sales will increase 19.7% in 2021 and 8.8% in 2022. SIA represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
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“Global demand for semiconductors remained high in April, as reflected by rising sales across a range of chip products and throughout each of the world’s major regional markets,” said John Neuffer, SIA president and CEO. “The global chip market is projected to grow substantially in 2021 and 2022 as semiconductors become increasingly integral to the game-changing technologies of today and the future.”

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