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Global Semiconductor Sales Up 21% YoY in April
June 7, 2017 | SIAEstimated reading time: 2 minutes
The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $31.3 billion for the month of April 2017, an increase of 20.9% from the April 2016 total of $25.9 billion and 1.3% more than last month’s total of $30.9 billion. April marked the global market’s largest year-on-year (YoY) growth since September 2010. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. Additionally, a new WSTS industry forecast projects annual global market growth of 11.5% in 2017 and 2.7% in 2018, followed by a slight decrease of 0.2% in 2019.
“The global semiconductor market has grown at an impressive rate through the beginning of 2017, culminating with April’s year-to-year growth of 21%, the global market’s largest increase in nearly seven years,” said John Neuffer, president and CEO, Semiconductor Industry Association. “Although driven in part by tremendous growth in the memory market, sales of non-memory products also grew by double digits in April, and all major regional markets posted substantial year-to-year gains. The global market is projected to experience significant annual growth this year, with slower growth expected next year and roughly flat sales in 2019.”
Regionally, year-on-year sales increased in China (30.0%), the Americas (26.9%), Asia Pacific/All Other (14.1%), Europe (12.7%), and Japan (12.0%). Compared with last month, sales were up slightly across all regions: Asia Pacific/All Other (2.0%), the Americas (1.8%), Japan (1.4%), China (0.7%), and Europe (0.5%).
Additionally, SIA today endorsed the WSTS Spring 2017 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $377.8 billion in 2017. This would mark the industry’s highest-ever annual sales, an 11.5% increase from the 2016 sales total. WSTS projects year-on-year increases across all regional markets for 2017: Asia Pacific (12.4%), the Americas (12.2%), Europe (8.7%), and Japan (6.6 percent). Beyond 2017, growth in the semiconductor market is expected to slow across all regions. WSTS tabulates its semi-annual industry forecast by convening an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.
About SIA
The Semiconductor Industry Association (SIA) is the voice of the U.S. semiconductor industry, one of America's top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2016, U.S. semiconductor company sales totaled $164 billion, and semiconductors make the global trillion dollar electronics industry possible. SIA seeks to strengthen U.S. leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition.
About WSTS
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.
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