NewsSemi Conductor

Global Annual Semiconductors Sales to Decrease 12.8% By Year End

The Semiconductor Industry Association (SIA) recently declared global sales of semiconductors reached $36.6 billion in October 2019, an increase of 2.9% from the previous month’s total of $35.6 billion, however, down 13.1% in comparison with the previous year total of $42.1 billion. Also, a newly released trade forecast from the World Semiconductor Trade Statistics group forecasts annual global sales will decrease 12.8% this year, followed by increases of 5.9% next year and 6.3% in 2021. SIA represents U.S. management in semiconductor manufacturing, design, and research, with members accounting for roughly 95% of U.S. semiconductor sales.

Regionally, sales increased in October compared to September across all main regional markets: the Americas (8.6%), China (2.9%), Japan (1.0%), Europe (0.5%), and Asia Pacific/All Other (0.4%). Sales have been down across all areas compared to October last year: Europe (-7.3%), Asia Pacific/All Other (-7.4%), Japan (-9.3%), China (-10.2%), and the Americas (-27.1%).

Additionally, SIA today endorsed the WSTS Autumn 2019 global semiconductor sales forecast, which tasks the industry’s worldwide sales might be $409.0 billion in 2019, a 12.8 % decrease from the 2018 gross sales total of $468.8 billion. WSTS forecasts yearly decreases across all regional markets for 2019: Europe (-6.9%), Asia Pacific (-8.8%), Japan (-11.1%), and the Americas (-26.7%). In 2020 and 2021, world gross sales are anticipated to increase by 5.9% and 6.3%, respectively. WSTS tabulates its semi-annual trade forecast by convening an intensive group of global semiconductor corporations that present accurate and timely indicators of semiconductor developments.

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Gary Johnson

Gary writes about the main industry, and that is the semiconductor industry. He has worked on-field in the semiconductor industry and hence knows the facts about it. He mainly highlights the progression and also the backdrops of this sector and how this sector will benefit the economy in the near future. His way for writing has attracted many users to go through his articles.

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