Published:
SIA Forecast 2009 - 2011: Moderate Growth Returning to Key Segments
SAN JOSE, Calif. - (BUSINESS WIRE) - The Semiconductor Industry Association (SIA) today released its annual
forecast of global semiconductor sales projecting worldwide sales of
$219.7 billion for 2009, a decline of 11.6 percent from the $248.6
billion reported in 2008. The forecast projects that sales will grow by
10.2 percent to $242.1 billion in 2010 and by 8.4 percent to $262.3
billion in 2011.
"The new forecast is brighter than our earlier projections, reflecting
an improving global economy," said SIA President George Scalise. "Unit
sales of key demand drivers - including PCs and cell phones, which
together account for about 60 percent of semiconductor demand - have
been stronger than previously predicted. We remain cautiously optimistic
for the longer term. The current forecast is closely tied to projections
of continuing improvement in the worldwide economy."
About the SIA
The SIA is the leading voice for the semiconductor industry and has
represented U.S. semiconductor companies since 1977. Collectively, the
chip industry employs a domestic workforce of approximately 200,000
people. The semiconductor industry is America's second-largest exporting
industry. More information about the SIA can be found at www.sia-online.org.
Semiconductor Industry Association
John Greenagel or Anne Craib
408.436.6600
mailbox@sia-online.org
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