Press Release
SIA Forecast: 2009 sales will decline by 21.3 percent year-on-year
For Immediate Release
June 05, 2009
SAN JOSE, CA – June 5, 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.
For more information:
Semiconductor Industry Association
John Greenagel or Anne Craib
408-436-6600
