WASHINGTON, DC – Worldwide sales of semiconductors reached $25.87 billion in August, up 6.4% year-over-year, marking the industry’s largest year-over-year growth since March 2011, says the Semiconductor Industry Association.

Global sales were up 1.3% sequentially.

Regionally, August sales topped sales from the same month last year in the Americas (23.3%), Asia Pacific (7.6%), and Europe (5%), but decreased in Japan 16.4%, in large part because of the devaluation of the Japanese yen, says SIA. Sales in August were up across all regions compared to the previous month.  

“Global semiconductor sales have now increased for six consecutive months, and the industry is well ahead of last year’s pace, thanks largely to sustained growth in the Americas,” said Brian Toohey, president and CEO, SIA. “Strong demand for memory products has driven sales in recent months, but sales were also up in August among non-memory products, demonstrating the breadth of the semiconductor market’s strength.”

All monthly sales numbers are compiled by the World Semiconductor Trade Statistics organization and represent a three-month moving average.