Global semicon sales down 15.5% in July at US$33.4b

KUALA LUMPUR: The US-based Semiconductor Industry Association (SIA) reported worldwide sales of semiconductors fell by 15.5% to US$33.4bil in July 2019 from a year ago.

It said on Wednesday the global sales were however higher by 1.7% from June 2019’s US$32.8bil, according to monthly sales compiled by the World Semiconductor Trade Statistics (WSTS) organisation.

SIA president and CEO John Neuffer said while global semiconductor sales in July were once again down on a year-to-year basis, month-to-month sales were up slightly.

“Month-to-month sales increased modestly across most regional markets in July, with Asia Pacific and the Americas posting the largest gains, although sales into the Americas remained down on a year-to-year basis, ” he said.

Regionally, sales increased on a month-to-month basis in Asia Pacific/All Other (3.1%), the Americas (2.5%), China (1.1%), and Japan (0.7%), but decreased in Europe (-0.5%).

On a year-to-year basis, sales were down across all regional markets: Europe (-8.6%), Asia Pacific/All Other (-11%), Japan (-12%), China (-14.1%), and the Americas (-27.8%).

Source: TheStar