$10.01 Billion in Worldwide Chip Sales for February 2002
SIA Reports $10.01 Billion in Worldwide Chip Sales for February 2002

Growth in the Americas and Asia-Pacific Market Leading the Recovery

SAN JOSE, Calif. - March 29, 2002 - Worldwide sales of semiconductors totaled $10.01 billion in January, essentially unchanged over last month, as sales growth in the Asia-Pacific region and the Americas compensated for a dip in Europe and Japan, the Semiconductor Industry Association (SIA) reported today.

"Strong consumer spending for mobile phones, DVD's, and digital cameras continued to move chip sales slightly upward," stated SIA president, George Scalise. "Although business investment has yet to pick up, consumer confidence and inventory replenishing continue to rise, driving the early stages of the overall recovery. Flat to slow growth of semiconductor sales in the first quarter of this year is in line with expectations. Our forecast calls for the second quarter to be slightly stronger with accelerating growth in the second half of 2002."

"In February, total sales in the DRAM market rose almost 24% over January, as prices continued to recover from cyclical lows, a trend that was reflected in all regional sales figures," stated Scalise.

On a month-to-month basis, sales in the Americas and Asia Pacific market accounted for approximately 60% of the global semiconductor sales with increases of 2.0% and 0.3% in February. Markets in Europe and Japan registered a slight dip in February, with sales down 1.5% and 1.2%, respectively.

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 more than 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.

February 2002
Month-to-Month Sales
Market Last Month Current Month % Change
Americas 2.47 2.52 2.0%
Europe 2.13 2.10 -1.5%
Japan 2.01 1.99 -1.2%
Asia Pacific 3.40 3.41 0.3%
Total 10.01 10.01 0.0%

Year-to-Year Sales
Market Last Year Current Month % Change
Americas 4.75 2.52 -47.0%
Europe 3.34 2.10 -37.3%
Japan 3.77 1.99 -47.2%
Asia Pacific 3.62 3.41 -5.9%
Total 15.48 10.01 -35.3%

Three-Month-Moving Average Sales
Market Last 3 Months Current 3 Months % Change
Americas 2.50 2.52 0.6%
Europe 2.32 2.10 -9.6%
Japan 2.32 1.99 -14.5%
Asia Pacific 3.46 3.41 -1.4%
Total 10.60 10.01 -5.6%