Global semiconductor sales down 5.8% y-o-y in 2Q2016, says SIA

Global semiconductor sales down 5.8% y-o-y in 2Q2016, says SIA
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KUALA LUMPUR (Aug 3): Global semiconductor sales fell 5.8% year-on-year in the second quarter of 2016 (2Q) to US$79.1 billion, according to the US-based Semiconductor Industry Association (SIA).

In a statement on its website yesterday, the SIA said total sales in 2Q were 1% higher quarter-on-quarter.

It said global sales for the month of June 2016 reached $26.4 billion, an uptick of 1.1% over last month’s total of $26.1 billion, but down 5.8% from the June 2015 total of $28.0 billion.

“Cumulatively, year-to-date sales during the first half of 2016 were 5.8% lower than they were at the same point in 2015,” it said.

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

SIA president and CEO John Neuffer said global semiconductor sales increased slightly from Q1 to Q2 but remain behind the pace from last year, due largely to global economic uncertainty and sluggish demand.

“Sales into Japan and China have been a bright spot midway through 2016, and a modest rebound in sales is projected during the second half of the year,” he said.

The SIA said that regionally, sales increased compared to June 2015 in China (1.7%), but fell in Asia Pacific/All Other (-11.0%), the Americas (-10.8%), Europe (-5.5%), and Japan (-1.3%).

It said sales were up slightly compared to last month in the Americas (3.0%), China (2.2%) and Europe (1.7%), but down somewhat in Japan (-1.0%) and Asia Pacific/All Other (-0.6%).