SAN JOSE -- The 90-day moving average worldwide semiconductor sales in January were $22.5 billion, up 0.3% sequentially and 47.2% year-over-year.
Demand was strong from a range of end-markets, said the Semiconductor Industry Association.
“Worldwide semiconductor sales in January increased significantly compared to one year ago, reflecting today’s improving business environment for the industry,” said SIA president George Scalise. “January and February of 2009 were the low point of the industry downturn as the semiconductor industry and electronics manufacturers quickly responded to the global economic recession.
“We are currently seeing strength across a range of demand drivers for semiconductors, including personal computers, cell phones, automobiles, and industrial applications,” Scalise added.
He said the current trends could push 2010 growth above SIA's November forecast of $242.1 billion.