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Global Semiconductor Sales Decrease 14.6% YoY in May
July 2, 2019 | SIAEstimated reading time: 1 minute
The Semiconductor Industry Association (SIA) has announced worldwide sales of semiconductors were $33.1 billion in May 2019, a decrease of 14.6% from the May 2018 total of $38.7 billion and 1.9% more than the April 2019 total of $32.5 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents U.S. leadership in semiconductor manufacturing, design, and research.
"Global semiconductor sales fell well short last year's monthly total in May, marking the fifth straight month of negative sales growth on a year-to-year basis," said John Neuffer, SIA president and CEO. "On a month-to-month basis, global sales increased modestly and sales into the Americas increased for the first time in seven months, although year-to-year sales into the Americas were down substantially."
Regionally, sales increased on a month-to-month basis in China (5.4%), the Americas (1.4%), and Japan (0.9%), but decreased in Europe (-0.4%) and Asia Pacific/All Other (-1.1%). On a year-to-year basis, sales were down across all regional markets: Europe (-9.0%), China (-9.8%), Asia Pacific/All Other (-12.6%), Japan (-13.6%), and the Americas (-27.9%).
About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America's top export industries and a key driver of America's economic strength, national security, and global competitiveness. Semiconductors—the tiny chips that enable modern technologies—power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a miAllion workers in the United States, and U.S. semiconductor company sales totaled $209 billion in 2018. SIA members account for nearly 95% of all U.S. semiconductor industry sales. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies 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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