Global Sales of Semiconductor chips went slightly above the expectations

Semiconductor chips (Credit: Xconomy.com)In the world of technology, tech devices are increasingly taking place of our lives. These devices have chips, which are the wafer of semiconductor material, for making the base on which integrated circuit is laid out.

In a recent report by Semiconductor Industry Association worldwide semiconductor chip sales decrease by 2.7 percent to $291.6 billion in 2012 from the record sales of $299.5 billion in 2011. However, these sales are slightly up from the predicted sales of $290 billion by World Semiconductor Trade Statistics (WSTS) organization.

In the month of December 2012, global sales of chips decreased 3% to $24.7 billion from $25.5 billion in the previous month. However, fourth quarter sales were 3.8% higher, i.e. $74.2 billion, as compared to the fourth quarter of 2011 that was $71.5 billion.

If we think about the different regions, Americas showed the signs of strength by 13.4% in December 2012 as compared to December 2011. Sales in Asia Pacific also increased by 6.7% during December as compared to the same month in 2011 while Europe and Japan showed the decline of -5.5% and -11.2% respectively over the same period.

“Despite substantial macroeconomic challenges, the global semiconductor industry outperformed forecasts and posted one of its highest yearly sales totals in 2012,” Brian Toohey, president and CEO, Semiconductor Industry Association, said in a statement. “Recent momentum, led by strength in the Americas, has the industry well-positioned for a successful 2013.”

Different segments of the market showed different sales. Logic represented a 3.7% increase, Optoelectronics showed 13.4% increase and NAND flash showed 4.1% increase in sales while MOS microprocessors and memory chips showed decline in yearly sales.

“Despite lingering economic and policy uncertainty, the U.S. semiconductor market continues to show signs of strength, posting impressive growth in December,” continued Toohey. “As the foundation of all modern electronics, semiconductors are critical to America’s economic strength, national security and global competitiveness. By enacting measures that foster growth and remove uncertainty, policymakers can further strengthen the industry and help unlock its full potential in 2013 and beyond.”

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