Semiconductor sales rise to US$26 billion driven by greater US demand

THE Semiconductor Industry Association (SIA) generated worldwide sales of semiconductors of US$25.73 billion in November 2012 alone, marking the largest monthly total of last year, and a two per cent increase on the preceding month.

A report by the UK's Transport Intelligence said regionally, the Americas posted its highest year-on-year monthly increase of 9.7 per cent since April 2011.

"The global semiconductor industry navigated difficult macroeconomic conditions in 2012, but encouraging growth led by the Americas in recent months has the industry pointed in the right direction heading into 2013," said Semiconductor Industry Association CEO Brian Toohey.

"To ensure that the industry's momentum continues, Congress should remove on-going economic uncertainty by enacting long-term, reliable fiscal policies that boost America's economic strength and global competitiveness."