WASHINGTON — Worldwide semiconductor sales reached $28.2 billion on a 90-day moving average in May, up 5.1% from a year ago.
Global sales were up 2.1% sequentially, the Semiconductor Industry Association added.
Regionally, sales in the Americas increased 11.4% over last May.
Year-over-year sales also increased in China (9.5%) and Asia Pacific/other (8%), but decreased in 7.8% in Europe and 11.8% in Japan. Compared to last month, sales were up 4% in China, 3.3% in Asia Pacific/other and 0.2% in the Americas while decreasing 0.6% in Europe and flat in Japan.
“The global semiconductor industry overcame lingering macroeconomic uncertainty to post solid year-to-year growth in May,” said John Neuffer, president and CEO, SIA. “Year-to-year sales have now increased for 25 straight months, month-to-month sales increased for the first time in six months, and we expect modest growth to continue for the remainder of 2015 and beyond.
"Congress and the President recently gave the US semiconductor industry and other trade-dependent sectors a major boost by enacting Trade Promotion Authority, which makes it easier for the United States to strike deals on free trade agreements,” said Neuffer. “With TPA, the United States is more likely to get the Trans-Pacific Partnership and other critical trade agreements across the finish line, leading to continued growth and innovation in our industry and across the US economy.”