Softening demand, currency devaluation lead to slower sales
WASHINGTON—Sept. 3, 2015—The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors were $27.9 billion for the month of July 2015, a decrease of 0.9 percent from July 2014 when sales were $28.1 billion. Global sales from July 2015 were 0.4 percent lower than the June 2015 total of $28.0 billion. Regionally, sales in the Americas were roughly flat in July compared to last year, while sales in China increased by nearly 6 percent. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
“Global semiconductor sales have slowed somewhat this summer in part due to softening demand, normal market cyclicality, and currency devaluation in some regional markets,” said John Neuffer, president and CEO, Semiconductor Industry Association. “Despite these headwinds, year-to-date global sales through July are higher than at the same time last year, which was a record year for semiconductor revenues.”
Regionally, year-to-year sales increased in China (5.6 percent), Asia Pacific/All Other (1.0 percent), and the Americas (0.8 percent), but decreased in Europe (-12.5 percent) and Japan (-13.3 percent), in part due to currency devaluation. On a month-to-month basis, sales increased in Japan (2.7 percent), China (0.6 percent), and Europe (0.4 percent), but fell slightly in the Americas (-0.3 percent) and Asia Pacific/All Other (-2.5 percent).
“One key facilitator of continued strength in the U.S. semiconductor industry is research, the lifeblood of innovation,” Neuffer said. “SIA and Semiconductor Research Corporation this week released a report highlighting the urgent need for research investments to advance the burgeoning Internet of Things and develop other cutting-edge, semiconductor-driven innovations. Implementing the recommendations in the report will help the United States harness new technologies and remain the world’s top innovator.”
To find out how to purchase the WSTS Subscription Package, which includes comprehensive monthly semiconductor sales data and detailed WSTS Forecasts, please visit http://www.semiconductors.org/industry_statistics/wsts_subscription_package/.
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 2014, U.S. semiconductor company sales totaled $173 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.
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.