SIA Forecast2009 - 2011: Moderate Growth Returning to Key Segments

Thu Nov 5, 2009 6:00am EST
 
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SAN JOSE, Calif.--(Business Wire)--
The Semiconductor Industry Association (SIA) today released its annual forecast
of global semiconductor sales projecting worldwide sales of $219.7 billion for
2009, a decline of 11.6 percent from the $248.6 billion reported in 2008. The
forecast projects that sales will grow by 10.2 percent to $242.1 billion in 2010
and by 8.4 percent to $262.3 billion in 2011. 

"The new forecast is brighter than our earlier projections, reflecting an
improving global economy," said SIA President George Scalise. "Unit sales of key
demand drivers - including PCs and cell phones, which together account for about
60 percent of semiconductor demand - have been stronger than previously
predicted. We remain cautiously optimistic for the longer term. The current
forecast is closely tied to projections of continuing improvement in the
worldwide economy." 

About the SIA

The SIA is the leading voice for the semiconductor industry and has represented
U.S. semiconductor companies since 1977. Collectively, the chip industry employs
a domestic workforce of approximately 200,000 people. The semiconductor industry
is America`s second-largest exporting industry. More information about the SIA
can be found at www.sia-online.org.

Semiconductor Industry Association
John Greenagel or Anne Craib
408.436.6600
mailbox@sia-online.org

Copyright Business Wire 2009

 

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