WASHINGTON — Worldwide semiconductor sales fell 3% year-over-year in November on lower demand for electronics and broader economic sluggishness.
The 90-day moving average sales were $28.9 billion for the month, down 0.3% from the revised October total of $29 billion, the Semiconductor Industry Association added.
“Softening demand and lingering macroeconomic challenges continued to limit global semiconductor sales in November,” said John Neuffer, president and CEO, SIA. “Despite these headwinds, the industry may narrowly surpass total annual sales from 2014 and is projected to post modest sales increases in 2016 and beyond.”
Month-to-month sales increased in China (1%), Europe (1%), and the Americas (0.3%), but decreased in Japan (0.6%) and Asia Pacific/all other (2.4 %). Compared to November 2014, sales were up 5.3% in China, but down 4.1% in Asia Pacific/all other, 7.1% in the Americas, 8% in Europe, and 8.6% in Japan.