Sales increase 9.4 percent compared to last year and 1.3 percent over the previous month
The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that worldwide sales of semiconductors reached $28.4 billion for the month of August 2014, an increase of 9.4 percent from the August 2013 total of $26 billion and an uptick of 1.3 percent over the July 2014 total of $28.1 billion. Year-to-date sales through August are 10.1 percent higher than they were at the same point in 2013. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
"The global semiconductor market continued to demonstrate broad and sustained strength in August, and sales remain well ahead of last year's pace," said Brian Toohey, president and CEO, Semiconductor Industry Association. "Demand is strong across nearly all semiconductor product categories, and the industry has now posted sequential monthly growth for six consecutive months, thanks in part to continued strength in the Americas market."
Toohey also noted that continued U.S. semiconductor industry strength bodes well for the overall U.S. economy. He cited an SIA whitepaper released this week that found that the U.S. semiconductor industry is one of the top contributors to U.S. economic growth of any domestic manufacturing industry.
Regionally, year-to-year sales increased in Asia Pacific (12.3 percent), Europe (10.9 percent), and the Americas (7 percent), but decreased slightly in Japan (-1.7 percent). Sales were up compared to the previous month in the Americas (2.3 percent) and Asia Pacific (1.7 percent), held flat in Japan, and decreased slightly in Europe (-1.3 percent). Sales increased across all regions for the three-month period from June to August compared to the previous three-month period from March to May.
