Global semicon sales dips 3% y-o-y to US$27.7b in August, says SIA

Global semicon sales dips 3% y-o-y to US$27.7b in August, says SIA
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KUALA LUMPUR (Oct 6): Global semiconductor sales dipped 3% year-on-year in August this year to US$27.7 billion from US$28.6 billion a year earlier, according to the US-based Semiconductor Industry Association (SIA).

In a statement on its website Oct 4, the SIA said that on a month-on-month basis, the total sales slipped 0.5% from US$27.9 billion in July this year.

It said that regionally, sales in the Americas increased slightly compared to last month, but were down somewhat compared to August 2014.

All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average.  

SIA president and chief executive John Neuffer said the global semiconductor market had endured a slight softening of demand in recent months, which has combined with currency devaluation and regular market cyclicality to slow sales somewhat.

“Despite recent market sluggishness, the global industry has posted higher cumulative sales through August this year than it did through the same point last year, which was a record year for semiconductor revenues,” he said.

The SIA said that regionally, year-to-year sales increased in China (4.4%), but decreased in the Americas (-3.5%), Europe (-12.4%), Japan (-13.0%), and Asia Pacific/All Other (-2.3%).

It said the sharp decreases in Europe and Japan were due in part to currency devaluation relative to the U.S. dollar.

“On a month-to-month basis, sales increased in Japan (1.3%) and the Americas (1.1%), but fell in China (-0.3%), Europe (-0.6%), and Asia Pacific/All Other (-2.1%),” it said.