SAN FRANCISCO—Semiconductor sales improved slightly in July compared to June, but remained lower than July 2011, according to the Semiconductor Industry Association (SIA) trade group.
The SIA reported Tuesday (Sept. 4) that global chip sales on a three-month moving average totaled $24.4 billion in July, up 0.2 percent from June but down 1.9 percent compared with July 2011. The year-over-year decrease was the smallest it has been since October 2011, SIA said.
"July’s sales figures offer some encouraging signs for the global semiconductor industry, but it’s clear that macroeconomic challenges are restricting stronger growth," said Brian Toohey, SIA president and CEO, in a statement. "Meanwhile, the regional outlook remains uneven. Japan has rebounded strongly from last year’s natural disaster and Asia Pacific has held steady, but Europe and the Americas have lagged."
July's sales total in Japan was up 4.2 percent from July 2011 and Asia-Pacific's chip sales grew by 1.4 percent compared to a year ago, SIA said. But sales in Europe and the Americas declined by 10 percent and 10.4 percent, respectively, compared with July 2011, SIA said.
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On a sequential basis, July's sales grew 5.4 percent in Japan compared with June, and sales in Asia Pacific increased by 0.3 percent. Sales remained flat month-to-month in Europe and declined by 3.9 percent in the Americas.
The month-to-month increase in Japan was the strongest it has been since September 2009 and the year-over-year increase in the country was the highest since January 2011, SIA said.
SIA's chip sales figures are provided by the World Semiconductor Trade Statistics Council, a provider of semiconductor industry market data with about 55 member companies. Related stories: