“The modest sequential rebound in worldwide sales in March suggests that demand has stabilized somewhat, albeit at substantially lower levels than last year,” said SIA president George Scalise. “While all major product sectors showed month-on-month growth, there continues to be limited visibility in end-markets. There are some bright spots such as smartphones and netbook PCs, but there are no clear signs of early firming of demand in other major end-markets such as automotive, corporate information technology, and consumer electronics.