The Semiconductor Industry Association (SIA) has reported that worldwide semiconductor sales in August saw an increase of 1.8 per cent to US$ 25.7 billion from July when sales were US$ 25.2 billion. Sales increased by 32.6 per cent from August 2009 when sales were US$ 19.4 billion. Sales for the first eight months of 2010 were US$ 194.6 billion as compared to US$ 134.7 billion for the same period in 2009, an increase of 44.4 per cent.
According to Brian Toohey, president, SIA, semiconductor sales have been strong with August marking the sixth consecutive month of sequential growth. PC and wireless related products along with infrastructure expansion in emerging markets, particularly in China and India, are said to be the reason for driving sales. As a result, it has predicted a 28.4 per cent annual growth for 2010 with expected sales of US$ 290.5 billion.