According to the statistics of the U.S. Semiconductor Industry Association, global semiconductor sales in March 2012 is $ 23.3 billion which has a growth of 1.5% than the $ 23 billion in February,but down 7.9% than $ 25.3 billion in March 2011. In addition, global semiconductor sales in the first quarter of 2012 is $ 69.9 billion, down 7.9% from $ 75.9 billion in the first quarter of 2011, is also continuous to fall 2.2% since first quarter. "Seeing the market began to grow in all regions in March we are very encouraged, especially in Europe and Japan," the president of SIA ,Brian Toohey. European semiconductor business grew by 3.8 percent, an increase of 1.2 percent in Japan. Brian Toohey said, "We will continue to seek the steady growth in the second quarter to establish a basis for the 2012 full-year growth, however, global economic growth is increasing, but uncertainties of macroeconomic and geopolitical still exist".