Featured Story: Top 20 semiconductor companies saw 21% sales surge in Q2

Monday, 03 August 2009 09:56

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Analysts at IC Insights this week released an encouraging update, reporting that the top 20 semiconductor suppliers averaged a 21% sequential sales increase in Q2, a 37 point swing from the Q1 16% sequential fall averaged for the then top 20 suppliers. (See chart below.)

As it has in several reports since December 2008, IC Insights said in its Thursday afternoon Mid-Year Update to The McClean Report that when looked at on a quarterly basis this downturn is not as far from recovery as naysayers would believe.

"The semiconductor industry continues to move through this silicon cycle very quickly on its way to recovery," Bill McClean, president of the research company, said in a statement. "Over the past few years, much has been said regarding the 'maturing' of the semiconductor industry and less volatile cycles. However, IC Insights' new Mid-Year Update to The McClean Report shows that the trend toward a less volatile semiconductor market does not apply when looking at the industry on a quarterly basis."

IC Insights reported that much of the Q2 semiconductor sales surge was due to inventory replenishment after the severe cutbacks of Q4 2008 and Q1. Seasonal demand for electronic systems is forecast to drive Q3 semiconductor sales up by at least another 8%, the company estimated. The company earlier this month reported expectations for a second half sales surge, estimating an 18% jump in IC industry revenue.

Read more in the July 31, 2009 EDN

"Top 20 semiconductor companies saw 21% sales surge in Q2"

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