The Semiconductor Industry Association (SIA) has announced that the worldwide sales of semiconductors have reached $98.2 billion during the second quarter of 2019. This represents a small increase of 0.3 percent over the previous quarter.
However, the numbers also indicate a 16.8 percent decline compared to the second quarter of last year. Global sales for the month of June 2019 were $32.7 billion, a decrease of 0.9 percent compared to last month’s total of $33.0 billion, and 16.8 percent less than the June 2018 total of $39.3 billion.
Cumulatively, year-to-date sales during the first half of 2019 were 14.5 percent lower than they were through the same point in 2018. However, the report says that when looking at regions, sales increased on a month-to-month basis in Japan (2.6 percent), but decreased in America (-0.7 percent), the Asia Pacific/All Other (-0.7 percent), China (-1.5 percent) as well as in Europe (-2.6 percent).
John Neuffer, SIA president and CEO, said: “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 percent. 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.”
On a year-to-year basis, sales were down across all regional markets. While Europe registered a decline of 10.9 percent, Japan registered a decline of 12.8 percent. The Asia Pacific and all other region reported a 13.7 percent decline while China and the USA reported a decline of 13.9 percent and 29.5 percent respectively.
