Global Semiconductor Sales Steady in June Aug 8, 2012

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Worldwide sales of semiconductors was $24.38 billion in June 2012, a slight decrease of 0.1% from the prior month when sales were $24.40 billion, according to the Semiconductor Industry Association (SIA).

Sales in June 2012 were 2% down from June 2011's $24.89 billion, but SIA said the year-over-year decrease was less than it's been since October 2011. SIA reports monthly sales numbers as a three-month moving average.

"The semiconductor industry continues to navigate the turbulent global economy better than most sectors, but macroeconomic uncertainties are limiting overall recovery and growth. The Japan and Asia Pacific sequential increases are encouraging signs, but are tempered by continued weakness in Europe and the Americas," said Brian Toohey, SIA president and CEO. "Congress can help ease economic uncertainty by enacting effective and dependable policies that promote American competitiveness and spur economic growth. Policymakers should chart a path forward during the August congressional recess and return to Washington, D.C. next month ready to act."

Regionally, semiconductor sales increased on a sequential monthly basis in Japan (2%) and Asia Pacific (0.6%), but were down Europe (-0.7%) and the Americas (-3.6%).

Compared to June 2011, June 2012 sales were up in Japan (3.7%) and Asia Pacific (1.0%), but sales fell steeply in the Americas (-8.1%) and Europe (-12.1%). Japan and Asia Pacific attained month-over-month and year-over-year growth simultaneously for the first time since September 2010.

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