IC mart sees slowdown for H2 2010

CIOL Bureau
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SAN JOSE: The IC market has recorded a growth during the month of May this year. However, the scene isn’t as rosy as the industry would have wanted it to be as it is seeing a slowdown when the whole of second half of 2010 is taken into consideration.

According to the Semiconductor Industry Association (SIA), worldwide sales of semiconductors during May stood at $24.7 billion. This, in fact, has been a sequential increase of 4.5 per cent from April when sales were $23.6 billion and a year-on-year increase of 47.6 percent from May 2009 when sales were $16.7 billion. SIA said that the year-on-year growth rate dipped a bit from the 50.4 percent reported in April. It added that all monthly sales numbers showed a three-month moving average.

It is not that these were not on expected lines. As per statistics, the three-month average of chip sales globally during May stood at $24.65 billion, an increase of 4.5 percent compared with the previous month and up 47.6 percent compared with the same month a year before. It is likely that the industry year-on-year and sequential growth rates are likely to continue to slow during the second half of 2010.