Global semiconductor market maintains broad, consistent growth in July

WASHINGTON, USA: The Semiconductor Industry Association (SIA) has announced that worldwide sales of semiconductors reached $28.1 billion for the month of July 2014, the industry’s highest-ever monthly sales total and an increase of 9.9 percent from July 2013 when sales were $25.5 billion.

Global sales from July 2014 were 2.4 percent higher than the June 2014 total of $27.4 billion. Regionally, sales in the Americas increased by 8.1 percent compared to last July, and Europe posted its strongest year-over-year growth (14.9 percent) since October 2010. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

“The global semiconductor industry posted its highest-ever monthly sales in July and remains on track for a record year in 2014,” said Brian Toohey, president and CEO, Semiconductor Industry Association. “All regions posted both month-over-month and year-over-year increases for the third straight month – the first time that has happened in over four years – and sales increased in July across all semiconductor product categories, signifying the market’s broad and consistent strength.”

Regionally, year-to-year sales increased in Europe (14.9 percent), Asia Pacific (11.2 percent), the Americas (8.1 percent), and Japan (2 percent). Sales were up compared to the previous month in the Americas (3 percent), Europe (2.9 percent), Asia Pacific (2.3 percent), and Japan (2 percent).