Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

Global semiconductor market to grow this year, SIA says

The market is showing signs of recovery after a rough 2011 in which natural disasters disrupted the supply chain

The global semiconductor market is showing signs of a healthy recovery after a rough 2011 in which year-over-year growth was flat, the Semiconductor Industry Association said on Monday

There will be a recovery in global demand for semiconductors after natural disasters in Japan and Taiwan disrupted production and supply chains last year, the SIA said in a statement. Semiconductor companies are also fueling growth prospects through new manufacturing facilities and research and development projects, the SIA said.

The SIA didn't provide expected global semiconductor growth statistics for this year. Although sales hit an all-time high of US$299.5 billion in 2011, that growth was just 0.4 percent above the previous year and fell short of the SIA's expectations of more than $300 billion.

Natural disasters in Japan and Thailand along with a weak global economy led to challenges for the industry, said SIA President Brian Toohey in a statement.

Sales of semiconductors for mobile devices and PCs did well last year. Sales in the optoelectronic market, which includes lamps and image sensors that go into devices, were $23.1 billion, growing by 6.4 percent compared to the previous year.

Sales of sensors and actuators was $8 billion, growing by 15.5 percent. A growth area for sensors is in MEMS, or microelectromechanical systems, which are critical components in smartphones, tablets and other devices. Examples of microelectromechanical systems include accelerometers and magnetometers.

Computer processor sales contributed to the semiconductor revenue growth, primarily due to growing demand in the enterprise sector, the SIA said.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: Semiconductor Industry Association, SIA

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the CIO comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: Semiconductor Industry Association, Components
Latest Blog Posts
Whitepapers
  • Synergy gains sustainable competitive edge with HP printers, services and solutions
    Western Australian electricity retailer Synergy signed a four-year HP Smart Print Services agreement to establish an efficient and sustainable imaging and printing network which reduces waste and the organisation’s environmental footprint, without compromising on quality, reliability or security. Read more.
    Learn more »
  • Protecting Generation Web
    From data privacy to personal safety issues, cyber-bullying, inappropriate content and malware, schools are facing an increasingly difficult task when it comes to allowing young people to spread their online wings without compromising their safety and personal development. The reality that most schools are catering to the needs of mixed age groups and abilities, and it’s easy to understand why a simple stop and block approach won’t work. Learning environments are, by nature, flexible. It stands to reason that the IT resources used in them should be flexible too. Read on.
    Learn more »
  • Cost Effective Security and Compliance with Oracle Database 11g Release 2
    Information ranging from trade secrets to financial data to privacy related information has become the target of sophisticated attacks from both sides of the firewall. Built upon 30 years of security experience, the Oracle database provides defense-in-depth security controls that enable organizations to transparently protect data. By leveraging these controls, organizations can safeguard data, ensure regulatory compliance, and achieve business goals such as consolidation, globalization, right sourcing and cloud computing while still maintaining scalability, performance and availability. Read this whitepaper.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.
Recent comments