Worldwide sales of semiconductors reached $29.7 billion for the month of October 2014, an increase of 9.6 per cent from the October 2013 total of $27.1 billion and an uptick of 1.5 per cent compared to last month's total of $29.2 billion, the Semiconductor Industry Association (SIA) reported.

Sales in the Americas increased 12.2 per cent year-over-year in October, leading all regions. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average. Additionally, a new WSTS industry forecast projects substantial growth for 2014 and moderate growth for 2015 and 2016.

"Year-over-year global semiconductor sales increased for the 18th straight month in October, and the industry is well-positioned for a strong close to 2014," said Brian Toohey, president and CEO at SIA. "Sales continue to be strong across the board, with nearly all regions and product categories exhibiting increases. We expect nearly double-digit growth in 2014, followed by moderate growth in 2015 and 2016."

Regionally, sequential monthly sales increased in the Americas (5.8 per cent) and remained roughly flat in Asia Pacific (up 0.7 per cent), Europe (down 0.1 per cent) and Japan (down 0.6 per cent). Compared to October 2013, sales increased in the Americas (12.2 per cent) as noted above, Asia Pacific (12.1 per cent), and Europe (5.2 per cent), but decreased in Japan (-3 per cent).

Additionally, SIA today endorsed the WSTS Autumn 2014 global semiconductor sales forecast, which projects the industry's worldwide sales will reach $333.2 billion in 2014, a 9 per cent increase from the 2013 sales total. WSTS predicts year-over-year increases for 2014 in Asia Pacific (11.4 per cent), Europe (8.7 per cent), the Americas (6.9 per cent), and Japan (1.3 per cent).

Beyond 2014, the industry is expected to grow steadily and moderately across all regions, according to the WSTS forecast. WSTS predicts 3.4 per cent growth globally for 2015 ($344.5 billion in total sales) and 3.1 per cent growth for 2016 ($355.3 billion). WSTS tabulates its semi-annual industry forecast by convening an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.

By: DocMemory
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