August semiconductor sales up 2.2%
Global semiconductor sales for August 2011 were up 0.7% on the previous month with total revenue reaching $25.03billion, according to a report by the Semiconductor Industry Association.
The report reveals that year on year sales grew 2.2%, partly driven by strong demand in tablets and pcs.
Brian Toohey, president, Semiconductor Industry Association, said: "Growth in these areas is encouraging, however lower consumer and industrial demand across a wide range of products and markets is keeping overall sales lower than expected at this point."
The SIA notes a strong month to month increase in sales from Japan due to recovery efforts and output from fabrication facilities after the natural disaster earlier this year helped to increase semiconductor sales throughout August. Additionally, due to the effect of increased semiconductor content in cars, automotive application specific semiconductors have experienced double digit growth year to date.
