Semiconductor industry posts record-breaking revenues
The Semiconductor industry, in which industrial laser processing plays a key role, enjoyed a record year in 2011.
WASHINGTON, D.C. - The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, announces that worldwide semiconductor sales for 2011 reached a record $299.5 billion, a year-on-year increase of 0.4 percent from the $298.3 billion recorded in 2010. Worldwide semiconductor sales in December amounted to $23.8 billion, a decrease of 5.5 percent from the month prior. Fourth quarter sales of $71.5 billion represent a 7.7 percent decline from the immediate prior quarter, and a 5.3 percent decrease over the same period in 2010. All monthly sales numbers represent a 3-month moving average. See, www.sia-online.org.
Industrial Laser Solutions reports that the semiconductor industry was a contributing factor in the industrial laser industries record revenues in laser and systems in 2011.
“Between the natural disasters in Japan and Thailand and the overall impact of a weak global economy, 2011 presented a number of major challenges for the semiconductor industry. Despite these setbacks the industry showed resiliency and posted year on year growth with record-breaking revenues for 2011,” said Brian Toohey, president, Semiconductor Industry Association. “The health of the industry is a direct reflection of the pervasiveness of semiconductor innovations and their applications in almost every aspect of modern society.”
In 2012 the industry is expected to experience further recovery due to increased demand across a broad range of end market segments combined with the delayed sales impact from the supply chain disruptions in the second half of 2011. Additionally, several large semiconductor companies announced plans for new facilities and new R&D projects that will serve to fuel the industry’s long-term growth expectations.
This year our industry will invest billions in capital expenditures and in R&D, which will pay off both in the short and long term. In fact, reinvesting a large percentage of revenues is a hallmark of the industry. It’s this combination of R&D investment, top engineering talent, high exports and cutting-edge advances that have made the semiconductor industry a cornerstone of the innovation economy,” said BrianToockazmierski@sia-online.org;hey.