Chip Industry Sales Reach $10.75 Billion in March 2002
2002-05-06
SIA ISSUED THE FOLLOWING PRESS RELEASE TODAY:

Chip Industry Sales Reach $10.75 Billion in March 2002

First Quarter Sales Up 5.6% to $32.25 Billion Driven by DRAM Demand

SAN JOSE, Calif. - April 2, 2002 - Worldwide sales of semiconductors totaled
$10.75 billion in March, a 7.2% increase from the $10.03 billion level
reached in February, and the highest monthly sequential increase since April
1986.

"Led by strong DRAM sales, this is a record rise in first quarter
growth for the semiconductor industry," stated SIA president, George
Scalise. "The March quarter sales are another sign that the industry is
rebuilding from 2001, with growth in all major geographic regions except
Japan, which was flat. The sales increase was dominated by a record 82.4%
sales rise in the DRAM market, with essentially flat sales in other product
areas as forecasted. The DRAM sales are a result of increased demand and
price increases from the depressed levels of 2001."

"Quarterly growth of 5.6% indicates that inventory build-up has been
worked through and product demand is now beginning to pick up. The outlook
for the second quarter is for single digit sales growth followed by stronger
growth rates in the second half of the year. As expected, the semiconductor
industry should close out 2002 with modest but sustained overall growth."

On a month-to-month basis, the Asia Pacific market led the sales
increase with a 10.4% rise over February, while Europe and Japan grew 7.7%
and 5.7%, respectively. Sales in the America's grew a steady 3.6% over last
month. During March, growth occurred uniformly across most product sectors.

The SIA's Global Sales Report (GSR) is a three-month moving
average of sales activity. The GSR is tabulated by the World Semiconductor
Trade Statistics (WSTS) organization, which represents approximately 66
companies. The moving average is a mathematical smoothing technique that
mitigates variations due to companies' monthly financial calendars.


About the SIA
The SIA is the leading voice for the semiconductor industry and has
represented U.S.-based manufacturers since 1977. SIA member companies
comprise approximately 90% of U.S.-based semiconductor production.
Collectively, the chip industry employs a domestic workforce of 284,000
people. More information about the SIA can be found at www.sia-online.org.


March 2002
Billions
Month-to-Month Sales
Market Last Month Current Month %
Change
Americas 2.52 2.61 3.6%
Europe 2.10 2.26 7.7%
Japan 2.01 2.12 5.7%
Asia Pacific 3.40 3.76 10.4%
Total 10.03 10.75 7.2%

Year-to-Year Sales
Market Last Year Current Month %
Change
Americas 4.11 2.61 -36.6%
Europe 3.28 2.26 -31.0%
Japan 3.59 2.12 -41.0%
Asia Pacific 3.42 3.76 9.7%
Total 14.41 10.75 -25.4%

Three-Month-Moving Average Sales
Market Last 3 Months Current 3 Months %
Change
Americas 2.47 2.61 5.6%
Europe 2.20 2.26 3.1%
Japan 2.13 .12 -0.3%
Asia Pacific 3.39 3.76 11.0%
Total 10.18 10.75 5.6%