November 1, 2010 – Chip sales showed good growth across all regions in 3Q10, according to the SIA’s latest tally ahead of the group’s annual forecast update — but all signs point to a softer ending to the year.
Here’s the basic breakdown of the SIA’s latest semiconductor sales numbers:
- September: $26.46B; up 2.9% from August, and up ~26% Y/Y.
- 3Q10: $79.4B, up 6.1% from 2Q10 ($74.8B).
SIA president Brian Toohey noted steady growth in all regions during the quarter, particularly strong in consumer and industrial electronic products.
Note, though, that 3Q10 growth was slightly below the ~28% pace (to ~$290B) set by the SIA’s midyear forecast, to which it has consistently stuck (the SIA will issue its semiannual forecast revision on Nov. 4). For the year through September, chip sales tallied about $221B, meaning there’s about $70B to make up in the final three months — which suggests something of a slowdown is coming. "We could see moderation in the growth rate through the end of the year as demand for consumer electronic products such as personal computers, flat panel televisions, and mobile devices are potentially impacted by continuing economic uncertainty," stated Toohey.