SIA Forecast: 2009 Sales Decline — Rebound to Begin in 2010
Semiconductor Industry Association Forecasts 2009 Sales Will Decline by 21.3 Percent Year-On-Year
SAN JOSE, Calif. –(Business Wire)– Jun 05, 2009 The Semiconductor Industry Association (SIA) today released its annual mid-year forecast projecting worldwide sales of $195.6 billion for 2009, a decline of 21.3 percent from sales of $248.6 billion in 2008. SIA projects that sales will begin to rebound in 2010, with year-on-year growth of 6.5 percent to $208.3 billion, followed by 6.5 percent growth in 2011 to $221.9 billion.
About SIA
The SIA is the leading voice for the semiconductor industry and has represented U.S. semiconductor companies since 1977. Collectively, the chip industry employs a domestic workforce of approximately 200,000 people. The semiconductor industry is America’s second-largest exporting industry. More information about the SIA can be found at www.sia-online.org.
