According to the latest data released by U.S. Semiconductor Industry Association (hereinafter referred to as "SIA") last week, in May of this year, global chip sales reached $ 24.4 billion, compared with $ 24.1 billion in April, a slight increase of 1.4%. In may global chip sales have sequential growth for three months - and this is the longest period since chip sales growth in september 2010 . However, compared with the same period in 2011 of $ 25.2 billion, global chip sales fell 3.4 percent in May this year, since the chip sales in various regions were lower than the same period last year. By region, Asia-Pacific chip sales in May rose 10.5 percent which is the area of the highest increase, the European region ranked second with a 4.4 percent increase in the Japanese market, chip sales fell 0.7 percent. Overall, the SIA released the latest global chip sales data which is encouraging, showing that the chip industry is back on track after this year's poor start. SIA expects global chip sales in the second half of this year, will continue moderate growth, the growth trend is in line with the forecast of the industry as a whole. However, the euro zone debt crisis has adversely affect the chips sold in the European market, the global economic downturn will continue to inhibit the growth rate of the chip sales, which gave the prospects for the chip industry have cast a shadow.