SIA says the overall outlook remains stagnant.
KUALA LUMPUR: The US-based Semiconductor Industry Association (SIA) reported a slump in sales in January 2016 to US$26.9bil on weaker demand amid rising economic worries, with the Americas reporting a steeper slump than other regions.
The SIA said on Friday worldwide sales in January fell 2.7% from December 2015’s US$27.6bil and 5.8% down from the US$28.5bil a year ago.
“Sales into the Americas were particularly sluggish, decreasing 5.9% month-to-month and 16.9% year-to-year,” it said.
SIA president and CEO John Neuffer said global semiconductor sales decreased in January across most regional markets and product categories, largely due to softening demand and lingering macroeconomic headwinds.
“Despite these challenges, modest market growth is projected for 2016, following essentially flat sales last year,” he said.
Regionally, sales decreased in most regions: China (-0.4% on-month but up 4.3% on-year) but Europe reported declines (-1.7% on-month and -7.7% on-year) and Japan (-3.3% on-month and fell 5.1% on-year).
As for Asia Pacific/all others, sales fell 2.8% on-month and were down 6.5% on-year), and the Americas (down 5.9% on-month and tumbled 16.9% on-year).
“Sales also decreased across most major semiconductor product categories, with the notable exception of microprocessors, which increased year-to-year by 2.1%.
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