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Chip sales in Q3 reveal 2.8% decline YoY

Posted: 06 Nov 2015 ?? ?Print Version ?Bookmark and Share

Keywords:Semiconductor Industry Association? semiconductor? WSTS?

The Semiconductor Industry Association (SIA) has reported that the global sales of semiconductors hit $85.2 billion in 3Q15. This translates to an increase of 1.5 per cent compared to the previous quarter, but is 2.8 per cent lower than 3Q14.

Global sales for the month of September 2015 were $28.4 billion, 1.9 per cent more than last month;s sales, but 2.8 per cent less than sales from September 2014. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average.

"Global semiconductor sales showed signs of resilience in September, increasing compared to the previous month across all regional markets for the first time in more than a year," said John Neuffer, president and CEO, SIA. "However, softening demand and currency devaluation caused YoY sales to dip for the third straight month."

Regionally, sales were up compared to last month in the Americas (four per cent), China (2.6 per cent), Europe (2.2 per cent), Japan (0.5 per cent), and Asia Pacific/All Other (0.1 per cent). YoY sales increased in China (five per cent), but declined in Asia Pacific/All Other (-3.5 per cent), the Americas (-3.9 per cent), Europe (-10.6 per cent) and Japan (-11.4 per cent).

"One thing proven to spur semiconductor sales globally is maintaining free and open markets," Neuffer continued. "In June, SIA successfully encouraged policymakers to approve legislation to facilitate free trade agreements. In July, a major deal was struck in Geneva at the World Trade Organisation to expand the Information Technology Agreement to eliminate tariffs on next-generation semiconductors called MCOs and a wide range of tech products. And in October, negotiators from around the Asia-Pacific region reached an agreement on a massive trade agreement called the Trans-Pacific Partnership (TPP). The TPP would spur growth and promote innovation in our industry and throughout the U.S. economy, and Congress should approve it."

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