Updated global semicon sales forecast 2011's estimate falls $2.74 billion

This is a continuation of my coverage of the fortunes of the global semiconductor industry. I would like to acknowledge and thank Mike Cowan, an independent semiconductor analyst and developer of the Cowan LRA model, who has provided me the latest numbers.

On Wednesday, Nov. 2nd, 2011, the WSTS posted its Sept. 2011′s HBR (Historical Billings Report) on its website thereby facilitating the calculation of the monthly update for the latest global semi sales forecast estimates for 2011 and 2012 via exercising the Cowan LRA forecasting model.

These latest forecast results reflect September 2011′s actual monthly sales and include revisions to previous months’ reported sales numbers. According to the WSTS’s September HBR, September’s actual global semiconductor sales came in at $29.442 billion with a corresponding September 3MMA sales of $25.764 billion.

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