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Global semiconductor sales look to long term growth after near term challenges

January 03, 2012 // Jean-Pierre Joosting

Global semiconductor sales look to long term growth after near term challenges

The Semiconductor Industry Association (SIA) has announced worldwide sales of semiconductors were $25.1 billion for the month of November 2011, a decrease of 2.4 percent from the prior month when sales were $25.7 billion.

On a year to date basis, worldwide semiconductor sales are 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 OEM's are expected to recover production losses over the course of the next few months," said Brian Toohey, president, Semiconductor Industry Association. "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 towards 2012 for further improvement.

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