Semiconductor sales decline in February

For February 2012, the Semiconductor Industry Association (SIA) reported global semiconductor sales of $22.88bn, a 1.3% decline compared with the previous month when sales were $23.2bn (see Ti Dashboard – Semi Conductor Sales). When compared with the same month the previous year sales declined 7.3%.
 
The only region to record month-on-month growth in sales was the Americas region at 1.1%.
 
"It’s encouraging to see that the U.S. posted the third consecutive month of job gains which points to momentum in the U.S. economic recovery. However, the global picture bears close watching given the continued sluggish economies in Europe and in Asia," said Brian Toohey, president, Semiconductor Industry Association. "Overall, the combination of improved U.S. macroeconomic factors along with sequential semiconductor sales growth in the Americas region warrants an optimistic view for growth in 2012."