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Sales up 10% says SIA, with demand remaining strong

The Semiconductor Industry Association (SIA) says worldwide sales of semiconductors reached $29.7billion in November 2014, an increase of 9.1% over the same month in 2013. Meanwhile, year to date sales in 2014 were said to be 10% higher than at the same point in 2013. 

"Global semiconductor sales through November have matched the total from all of 2013, assuring that the industry will achieve a new record for sales in 2014," said SIA president and CEO Brian Toohey. "Demand remains strong across nearly all semiconductor product categories and the Americas and Asia Pacific regional markets continue to post the most robust growth. Macroeconomic trends bode well for continued growth into 2015." 

Regionally, year to year sales increased in the Asia Pacific (12.3%), the Americas (11.1%), and Europe (3.4%), but decreased by 4.5% in Japan. 

Author
Graham Pitcher

Source:  www.newelectronics.co.uk