Global semi sales up 4% in January
Worldwide sales of semiconductors reached $24.05billion for the month of January according to the SIA, an increase of 3.8% from the same time a year ago.
"Led by continuing strength in the Americas, the global semiconductor industry has built on its momentum from the end of 2012 with an encouraging start to 2013, but ongoing economic uncertainty is holding back more robust growth," said Brian Toohey, SIA president and ceo.
Toohey continued: "The across the board spending cuts that hit last week and the threat of a government shutdown later this month are just the latest examples of fiscal disruptions that sidetrack economic growth."
Regionally, year over year semiconductor sales increased in the Americas (10.5%) and Asia Pacific (7.8%), but decreased in Japan (-12.3%) and Europe (-4.9%).
Sales increased modestly in Europe (0.4%) compared to the previous month, but decreased in Asia Pacific (-2.5%), the Americas (-3.5%) and Japan (-5.5%).
