WASHINGTON – Worldwide sales of semiconductors reached $98.2 billion during the second quarter, down 16.8% year-over-year and up 0.3% sequentially, says the Semiconductor Industry Association.
Global sales for the month of June were $32.7 billion, a decrease of 16.8% from June 2018 and 0.9% sequentially.
Year-to-date sales during the first half of 2019 were 14.5% lower than they were through the same point last year.
“At the midpoint of 2019, the global semiconductor market remains in a period of decreased sales, with revenues through June lagging the mid-year totals from last year by nearly 15%,” said John Neuffer, SIA president and CEO. “Year-to-year sales were down across all major regional markets and semiconductor product categories. One silver lining was that sales during the second quarter of 2019 narrowly outpaced sales during the first quarter.”
Regionally, sales increased on a month-to-month basis in Japan (2.6%), but decreased in the Americas (0.7%), Asia Pacific/All Other (0.7%), China (1.5%), and Europe (2.6%). On a year-to-year basis, sales were down across all regional markets: Europe (10.9%), Japan (12.8%), Asia Pacific/All Other (13.7%), China (13.9%), and the Americas (29.5%).
Monthly sales are compiled by the World Semiconductor Trade Statistics organization and represent a three-month moving average.