Global sales of semiconductors increased 4.6 percent in May from April as revenue totaled $23.6 billion, according to the Semiconductor Industry Association (SIA). May’s sales growth rate was the largest sequential monthly increase in sales for the industry since March 2010.
Global sales in May 2013 were 1.3 percent higher than May 2012 when revenue totaled $24.4 billion. Year-to-date sales in 2013 were 1.5 percent higher than they were at the same point in 2012, the SIA said. Monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
“May was an unambiguously strong month for the global semiconductor industry with growth across all regions and particularly encouraging increases in the Americas and Asia Pacific,” said Brian Toohey, SIA president and CEO. “Sales have remained ahead of last year’s pace throughout 2013, indicating the increasing resiliency of the market.”
Regionally, sales in May increased 5.9 percent in Asia Pacific, 5.6 percent in the Americas, 0.8 percent in Japan, and 0.3 percent in Europe. May was the first month since September 2012 that all four regions posted sequential monthly growth, according to the SIA.
Chip sales in May 2013 compared to May 2012 increased 5 percent in Asia Pacific, 5.6 percent the Americas, and 0.1 percent in Europe. However, sales declined 18.4 percent in Japan because of the de-evaluation of the Japanese yen, the SIA said.
To build on the sales momentum, federal policies need to be enacted that embrace innovation and foster growth, Toohey said. The Senate’s recent approval of immigration reform was a “significant step forward. The House should follow suit and promptly approve legislation to fix America’s outdated high-skilled immigration system,” he said.