SAN JOSE, CA – The Semiconductor Industry Association (SIA) reported that global semiconductor sales set a new monthly record for the fourth consecutive month. Worldwide sales of semiconductors reached $21.9 billion in October, an increase of 9.2% year-over-year. Sales increased by 2.5% from the $21.4 billion reported in September 2006.
SAN JOSE, CA – The Semiconductor Industry Association (SIA) released its annual forecast of global semiconductor sales, projecting that consumer demand for electronic products will drive sales to $321 billion in 2009. The SIA forecast projects a compound annual growth rate of 9% for the forecast period between 2006 and 2009.
The new forecast projects that sales will reach $248.8 billion in 2006, an increase of 9.4%, followed by increases of 10% to $273.8 billion in 2007, 10.8% to $303.4 billion in 2008, and 5.8% to $321 billion in 2009.
VANCOUVER -- PTL Electronics has won a $3.6 million order from a leading supplier
of visual
communications systems.
PTL will provide electronics manufacturing
services
for a new product line scheduled to be completed by Dec.
31. Shipments have already begun, the company said.