KENT, UK – April semiconductor sales were up 15.6% sequentially, says Future Horizons. March numbers were down 7.6%.

April showed the best sequential growth since the same month in 1955, according to the research firm’s recent report.

This growth is attributed as a correction to sharp fourth-quarter 2008 and first-quarter 2009 inventory declines, the report states.

Inventory replenishment will sustain through the end of the third quarter, with growth depending on the “underlying end-market demand” beginning in the fourth quarter, says Future Horizons.

The firm expects growth between 4 and 5% for the second quarter, compared to a drop of 2% that was forecasted in January.

This could improve the firm’s 2009 forecast from a decline of 28% to a decline of 21.3%.

First-quarter net sales of electronic equipment dropped 12% year-over-year, says the firm.

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