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Mid-Year Global Semiconductor Sales Down 14.5% Compared to 2018
August 9, 2019 | SIAEstimated reading time: 2 minutes
The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors reached $98.2 billion during the second quarter of 2019, a small increase of 0.3% over the previous quarter, but 16.8% less than the second quarter of last year. Global sales for the month of June 2019 were $32.7 billion, a decrease of 0.9% compared to last month’s total of $33.0 billion, and 16.8% less than the June 2018 total of $39.3 billion. Cumulatively, year-to-date sales during the first half of 2019 were 14.5% lower than they were through the same point in 2018. 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.
“At the midpoint of 2019, the global semiconductor market remains in a period of decreased sales, with revenues through June lagging the mid-year totals from last year by nearly 15%,” said John Neuffer, SIA president and CEO. “Year-to-year sales were down across all major regional markets and semiconductor product categories. One silver lining was that sales during the second quarter of 2019 narrowly outpaced sales during the first quarter.”
Regionally, sales increased on a month-to-month basis in Japan (2.6%), but decreased the Americas (-0.7%), Asia Pacific/All Other (-0.7%), China (-1.5%), and Europe (-2.6%). On a year-to-year basis, sales were down across all regional markets: Europe (-10.9%), Japan (-12.8%), Asia Pacific/All Other (-13.7%), China (-13.9%), and the Americas (-29.5%).
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 million workers in the United States, and U.S. semiconductor company sales totaled $209 billion in 2018. SIA members account for nearly 95 percent 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. Learn more at www.semiconductors.org.
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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