Global semicon sales down on currency woes


KUALA LUMPUR: Global semiconductor sales fell in August as demand was impacted by weaker demand, currency devaluation and marker cyclicality, says the US-based Semiconductor Industry Association (SIA).

The association, which represents US companies involved in semiconductor manufacturing, design, and research, said on Tuesday worldwide sales reached US$27.7bil in August 2015, down 0.5% from July’s US$27.9bil. 

“Global sales from August 2015 were 3.0% lower than the August 2014 total of US$28.6bil,” it said. 

The SIA said regionally, sales in the Americas increased slightly compared to last month, but were down from August 2014. 

SIA president and CEO John Neuffer said: “The global semiconductor market has endured a slight softening of demand in recent months, which has combined with currency devaluation and regular market cyclicality to slow sales somewhat.” 

“Despite recent market sluggishness, the global industry has posted higher cumulative sales through August this year than it did through the same point last year, which was a record year for semiconductor revenues.”

The SIA said regionally, year-to-year sales increased in China (4.4%), but decreased in the Americas (-3.5%), Europe (-12.4%), Japan (-13.0%), and Asia Pacific/All Other (-2.3%). 

The sharp decreases in Europe and Japan are due in part to currency devaluation relative to the US dollar. 

On a month-to-month basis, sales increased in Japan (1.3%) and the Americas (1.1%), but fell in China (-0.3%), Europe (-0.6%), and Asia Pacific/All Other (-2.1%).

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