Semiconductor sales down 29.9% in Q1 2009

Worldwide sales of semiconductors were $14.7 bln in March 2009, a gain of 3.3% from the prior month when sales were $14.2 bln, the Semiconductor Industry Association (SIA) reported. Sales for Q1 2009 amounted to $44.0 bln, a 29.9% decline from Q1 2008 when sales were $62.8 bln. Sales declined by 15.7% from the Q4 2008 when sales were $52.2 bln.