Global Semiconductor Industry posts record Q3 sales

The Semiconductor Industry Association (SIA) has announced that worldwide sales of semiconductors reached $87bn during the third quarter of 2014, an increase of 5.7% over the previous quarter and a jump of 8% compared to the third quarter of 2013. Third quarter sales outperformed the latest World Semiconductor Trade Statistics industry forecast. Global sales for the month of September 2014 reached $29bn, 8% higher than the September 2013 total of $26.9bn and 1.9% more than August 2014’s total of $28.5bn.

“Through the third quarter of 2014, global semiconductor sales remain strong and well ahead of last year’s pace,” said Brian Toohey, President and Chief Executive Officer of the Semiconductor Industry Association. “The industry has now posted seven consecutive months of sequential monthly growth, and year-to-year growth has been strong across nearly all semiconductor product categories.”

Regionally, sales were up compared to August 2014 in the Americas 2.8% and Asia Pacific 2.5%, but down slightly in Europe 0.1% and Japan 1.3%. Compared to September 2013, sales increased in Asia Pacific by 12%, Europe by 7.9% and the Americas 3.7%, but decreased in Japan by 3.7%. All four regional markets posted better year-to-date sales through September than they did through the same period of 2013.

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