Semi sales up 11% year-on-year
1 min read
Things are looking up for the global semiconductor economy. According to the Semiconductor Industry Association (SIA), worldwide sales reached $26.34billion in April, an 11.5% increase from last year's total of $23.62bn and a 0.7% jump from the March total of $26.15bn.
Brian Toohey, SIA president and CEO, said: "The global semiconductor market maintained its strong momentum in April, with year-on-year sales increasing across every region and product category.
"The market remains well ahead of the pace set in 2013, which was a record year for semiconductor revenues. April marked the twelfth consecutive month that year-on-year sales have increased, and we expect that trend to continue during the remainder of 2014 and into 2015."
Regionally, sequential monthly sales increased in Asia Pacific (1.7%) and Japan (1.1%), but decreased in Europe (-0.6%) and the Americas (-1.6%).
Compared to April 2013, sales increased in the Americas (14.7%), Asia Pacific (12.5%), Europe (8.2%), and Japan (4.4% – the region's largest increase in more than three years).
Beyond 2014, the industry is expected to grow steadily and moderately across all regions.
The World Semiconductor Trade Statistics (WSTS) organisation believes the industry's worldwide sales will reach $325.4bn in 2014, a 6.5% increase from the 2013 sales total.
It also predicts 3.3% growth globally for 2015 ($336.1billion in total sales) and 4.3% growth for 2016 ($350.5bn).
