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Global Semiconductor Sales Up 5.4 Per Cent In May
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In May 2009, the semiconductor sales rose to $16.5 billion, an increase of 5.4 per cent from April when sales were $15.6 billion.
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Saturday, July 04, 2009:
Worldwide sales of semiconductors rose to $16.5 billion in May, an increase of 5.4 per cent from April when sales were $15.6 billion, reported the Semiconductor Industry Association (SIA). But, the sales in May 2009 were 23.2 per cent lower than May 2008 when sales were $21.5 billion. All sales numbers represent a three-month moving average of global semiconductor sales.
"The May sales numbers reflect the third-consecutive month of sequential growth for the semiconductor industry," said George Scalise, president, SIA.
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"The sequential monthly increases lead us to be cautiously optimistic about a return to normal seasonal patterns for the industry going forward."
As semiconductors become ever-more pervasive in a growing array of products, the global microchip industry increasingly mirrors the performance of the overall economy, noted Scalise. "As consumer confidence returns and the economy resumes growth, we expect the industry to reflect those patterns."
The SIA Global Sales Report (GSR) is a three-month moving average of sales activity.
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