Semiconductor sales for the month of November totaled $27.24 billion, an increase of 6.8 percent compared to November 2012, according to new data released by the Semiconductor Industry Association (SIA). The November 2013 chip sales total also represented an increase of 0.5 percent compared with October 2013, the SIA said.
November marked the ninth consecutive month that chip sales grew, according to the SIA.
The Americas region posted the strongest growth in November as semiconductor revenue increased 18.6 percent year-over-year and 4.2 percent compared to November 2012, the association. Chip sales in Europe grew 10.9 percent year-over-year and 2 percent compared to October 2013. Asia-Pacific revenue increased 5.5 percent year-over-year, but fell 1 percent sequentially, while sales in Japan declined 8.8 percent compared to November 2012, but increased .1 percent from October 2013.
"Buoyed by sustained growth in the Americas and Asia Pacific and a recent rebound in Europe and Japan, the global semiconductor industry has shown increasing strength in 2013 and is on pace for record revenue," said Brian Toohey, SIA president and CEO. "With solid momentum across all regions and most product categories, the industry is well-positioned for a strong start to the new year," he said.
World Semiconductor Trade Statistics (WSTS) which compiles semiconductor sales figures for the SIA, forecasts that chip sales ended 2013 growing 4.4 percent to $304.3 billion, which would be the industry’s highest-ever annual sales total. WSTS predicts that semiconductor revenue will rise 4.1 percent in 2014 when sales will total $316.6 billion. In 2015 chip revenue will increase 3.4 percent to $327.3 billion, according to WSTS.
Related stories:
