February 2011 Semiconductor Sales Were Up 13.6%
Worldwide sales of semiconductors were $25.2 billion in February, a 1.1 percent drop from the previous month but a 13.6 percent increase over February of last year, according to a report Monday by the Semiconductor Industry Association (SIA). It looks like overall sales increased by 13.6 percent from $22.2 billion in February 2010. Could this be a good sign or is this data too old to matter in today’s market?
The February sales numbers released today, which show a significant increase from February 2010, predate the March 11th earthquake and tsunami in Japan. SIA extends our deepest sympathies to the Japanese people as they recover from this tragedy said Brian C. Toohey, president, Semiconductor Industry Association. Many of our member companies responded immediately to deliver humanitarian supplies and financial aid to the most impacted areas and continue to provide valuable assistance in the recovery efforts. We are continuing to closely monitor potential impacts on the supply chain.
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