Semiconductor Revenue Decreases in November 2008

Big surprise. Semiconductor revenue declined by 9.8% last November. Worldwide sales of semiconductors dropped to $20.8 billion (November 2008) from $23.1 billion (November 2007) and $22.4 billion (October 2008). According to the Semiconductor Industry Association (SIA), the semiconductor industry will remain the second largest exporter in the U.S. for 2008. Not all segments of the industry are being affected equally by the downturn. The memory market has seen significant sales decline while many other product sectors have year to date sales above 2007 levels.

November 2008 (Billions)

Month-to-Month Sales

Market Last Month Current Month % Change
Americas 3.21 3.08 -4.0%
Europe 3.42 3.17 -7.3%
Japan 4.24 4.06 -4.0%
Asia Pacific 11.60 10.53 -9.3%
Total 22.47 20.84 -7.2%

Year-to-Year Sales

Market Last Month Current Month % Change
Americas 3.83 3.08 -19.5%
Europe 3.68 3.17 -13.9%
Japan 4.39 4.06 -7.3%
Asia Pacific 11.23 10.53 -6.2%
Total 23.12 20.84 -9.9%

Three-Month-Moving Average Sales

Market Jun / Jul / Aug Sep / Oct / Nov % Change
Americas 3.32 3.08 -7.3%
Europe 3.45 3.17 -8.0%
Japan 4.22 4.06 -3.7%
Asia Pacific 11.72 10.53 -10.2%
Total 22.71 20.84 -8.2%

More info: Semiconductor Industry Association (SIA)