Sales in December 2015 were said to be $27.6bn, 4.4% lower than the previous month and 5.2% lower than sales in December 2014. Figures for Q4 2015 showed revenues of $82.9bn, 5.2% down on Q4 2014.
“Despite formidable headwinds, the global semiconductor industry posted solid sales in 2015, although falling just short of the record total from 2014,” said SIA president and CEO John Neuffer. “Factors that limited more robust sales in 2015 include softening demand, the strength of the dollar and normal market trends and cyclicality. In spite of these challenges, modest market growth is projected for 2016.”
While sales increased in China by 7.7% on an annual basis, all other regions saw revenues decline compared to 2014. Sales in Europe were said to be 8.5% lower.