SAN FRANCISCO—February semiconductor sales were up by 16.5 percent compared with February 2016, the largest year-to-year increase in more than six years, the Semiconductor Industry Association (SIA) trade group said Monday (April 3).
However, sales of $30.4 billion for February declined by 0.8 percent compared with January sales of $30.6 billion. The SIA said the month-to-month decline was less than typical for the January to February season.
John Neuffer, SIA
SIA President John Neuffer said through a press statement that early 2017 chip sales have been strong, lead by strength in memory products such as DRAM and NAND flash. "Year-to-year sales increased by double digits across most regional markets, with the China and Americas markets showing particularly strong growth," Neuffer said. "Global market trends are favorable for continuing sales growth in the months ahead."
The year is indeed shaping up to be a strong one for semiconductor sales, with market watchers generally forecasting moderate to strong annual growth. Last week, market research firm IC Insights Inc. more than doubled its forecast for 2017 chip sales growth to 11 percent, crediting surging average selling prices for DRAM and NAND.
Neuffer said the recent growth of foreign semiconductor markets is a reminder of the importance of expanding U.S. semiconductor companies’ access to global markets, one of SIA’s policy priorities for 2017. The U.S. industry accounts for nearly half of the world’s total semiconductor sales, and more than 80 percent of U.S. semiconductor company sales are to overseas markets, according to the SIA.
The SIA reports sales figures compiled by the World Semiconductor Trade Statistics organization, which pulls sales data from more than 50 member companies worldwide.
February 2017 semiconductor sales in billions of dollars. SOURCE: SIA.
—Dylan McGrath covers the semiconductor industry and business news for EE Times.