WASHINGTON, DC — The 90-day moving average worldwide semiconductor sales fell 8.8% year-over-year in January on typical seasonality.

Sales fell 2.7% sequentially to $23.1 billion, the Semiconductor Industry Association today announced.

“The month-over-month revenue decline for January is in line with seasonal patterns,” said Brian Toohey, president, SAI. “A weakened global economy amidst inflation concerns and the European debt crisis continued to affect sales at the start of the year, but there are strong signs pointing to recovery and growth as 2012 progresses.”

Semiconductor sales are expected to improve due to positive demand drivers, an improved US economic outlook and the resolution to the floods in Thailand.

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