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Jun 8th, 2009
SIA Forecast: 2009 sales will decline by 21.3 percent year-on-year
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.
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