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August 8, 2017 | SIAEstimated reading time: 1 minute
The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $97.9 billion during the second quarter of 2017, an increase of 5.8% over the previous quarter and 23.7% more than the second quarter of 2016. Global sales for the month of June 2017 reached $32.6 billion, an uptick of 2.0% over last month’s total of $32.0 billion, and a surge of 23.7% compared to the June 2016 total of $26.4 billion. Cumulatively, year-to-date sales during the first half of 2017 were 20.8% higher than they were at the same point in 2016. 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 has enjoyed impressive sales growth midway through 2017, posting its highest-ever quarterly sales in Q2 and record monthly sales in June,” said John Neuffer, president and CEO, Semiconductor Industry Association. “Sales into the Americas market were particularly robust in June, and all regional markets saw growth of at least 18% year-over-year. Conditions are favorable for continued market growth in the months ahead.”
Regionally, sales increased compared to June 2016 in the Americas (33.4%), China (25.5%), Asia Pacific/All Other (19.5%), Europe (18.3%), and Japan (18.0%). Sales also were up across all regions compared to last month: the Americas (5.1%), Europe (1.9%), China (1.5%), Japan (1.0%), and Asia Pacific/All Other (0.8%).
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.
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