WASHINGTON — Worldwide semiconductor sales fell 7.7% in May from a year ago, to $26 billion.
The 90-day moving average sales were 0.4% sequentially, the Semiconductor Industry Association said.
Month-to-month sales into all regional markets held relatively steady, with China leading the way with 3.1% market growth.
All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. “The small uptick in global semiconductor sales in May marked the market’s largest month-to-month growth in six months, but the overall landscape remains somewhat stagnant due to soft demand and unfavorable macroeconomic conditions,” said John Neuffer, president and CEO, SIA. “Most regional markets have struggled to gain traction in 2016, with the Americas falling well behind sales posted through the same point last year. Sales of analog products were a bright spot in May, notching both month-to-month and year-to-year increases.”
Regionally, month-to-month sales slipped in the Americas (-0.1%), Europe (-0.8%), Asia Pacific/All Other (-0.8%), and Japan (-1.8%).
Year-over-year sales increased in Japan (0.4%), but dropped in China (-0.5%), Europe (-8.8%), Asia Pacific/all other (-11.5%), and the Americas (-15%).