WASHINGTON – Worldwide sales of semiconductors were $25.1 billion in November, down 2.4% sequentially, says the Semiconductor Industry Association.
On a year-to-date basis, worldwide semiconductor sales were 0.8% higher compared to the same period last year. All monthly sales numbers represent a three-month moving average.
“Supply chain disruptions resulting from the floods in Thailand have impacted semiconductor sales in the near term. However, OEMs are expected to recover production losses over the course of the next few months,” said Brian Toohey, president, SIA. “November sales were additionally affected by the continuing European financial crisis, which is having a broad impact on other economies and global demand.”
Despite the near-term supply chain and global economic challenges, the industry is still poised to close 2011 with growth, and looks toward 2012 for further improvement, the association says.