Global semiconductor sales reached $82.7 billion in the second quarter, a 5.4 percent increase from the first quarter, according to the Semiconductor Industry Association (SIA).
Semiconductor demand in June was especially strong as worldwide chip sales for the month reached $27.57 billion, the industry’s highest ever monthly sales. June’s sales were 10.8 percent higher than the June 2013 total of $24.88 billion and 2.6 percent more than May 2014 when sales were $26.86 billion, according to the association.
Sales in the first half of 2014 were 11.1 percent higher than the first six months of 2013, which was a record year for semiconductor revenues, the SIA noted.
“Through the first half of 2014, the global semiconductor market has demonstrated consistent, across-the-board growth, with the Americas region continuing to show particular strength,” said Brian Toohey, SIA president and CEO. He added the industry posted its highest-ever second quarter sales and outperformed the latest World Semiconductor Trade Statistics (WSTS) sales forecast.
Toohey said growth should continue in the second half because of solid U.S. GDP growth.
Regionally, chip sales in the Americas increased 4.9 percent in June compared to May, while revenue in Asia Pacific was up 2.1 percent; Japan, 2.1 percent and Europe 1.9 percent, the SIA said.
Compared to June 2013, sales increased in the Americas 12.1 percent; Europe, 12.1 percent; Asia Pacific, 10.5 and Japan, 8.5 percent. All four regional markets posted better year-to-date sales through the first half of 2014 than they did through the same point last year, according to the SIA.
Monthly sales numbers are compiled by WSTS and represent a three-month moving average.