In The Edge FD: Public and private debt at unsustainable levels?
Chinese banks extend 800 bln yuan of new loans in Jan
Australia's Qantas grounds an Airbus A380 due to cracks
GW Plastics to expand export reach
In The Edge FD: Knusford to ride on interest on Lim Kang Hoo
In The Edge FD: EPMB to expand further in Indonesia
Categories
| April global chips sales at US$15.6b, up 6.4% on-month |
| Written by Joseph Chin | |||
| Tuesday, 02 June 2009 10:49 | |||
|
It said on June 2 that April sales fell 25% from April last year when sales were US$20.9 billion. All sales numbers represent a three-month moving average of global semiconductor sales. "The better-than-expected 6.4% sequential increase in April sales was driven by moderate improvements in a number of end-demand drivers and inventory replenishment," said SIA president George Scalise. He said the personal computer (PC) market - a major consumer of semiconductors - has been stronger than predicted earlier in the year. Consensus forecasts project PC unit sales in 2009 will decline by about 6% compared to earlier forecasts of a decline of 12%. "Analysts are also more optimistic about cell phone unit sales, which are now projected to decline by around 7% compared to earlier forecasts of 15%. PCs and cell phones account for nearly 60% of all semiconductor consumption," Scalise said. However, the worldwide automotive market, which accounts for about 7% of total semiconductor sales, remained weak. Corporate IT spending had also lagged normal patterns as companies lengthened replacement cycles. The consumer electronics sector presents a mixed picture: analysts project increased unit sales of digital televisions and hand-held game players and lower unit sales of most other consumer electronics products. "Visibility remains limited," he said."Two consecutive months of sequential sales growth may be an indication of a return to more normal seasonal sales patterns in some market sectors, albeit at lower sales levels than last year," he added.
|
|||
|
|