June global semiconductor sales surge to RM140bil

PETALING JAYA: Global sales of semiconductors rose nearly one-quarter in June 2017 to US$32.6bil (RM140bil) from a year ago, boosted by sales in the Americas, says the Semiconductor Industry Association (SIA).

The US-based trade body announced on Saturday that the June sales rose 23.7% from June 2016’s sales of US$26.4bil. When compared with May, the sales were up 2% from US$32bil.

The SIA, representing US leadership in semiconductor manufacturing, design, and research, said in the second quarter, global sales reached US$97.9bil – up 5.8% on-quarter and notching an increase of 23.7% in the previous corresponding quarter.

Year-to-date sales during the first half of 2017 rose 20.8%.

John Neuffer, president and CEO of SIA said: “The global semiconductor industry has enjoyed impressive sales growth midway through 2017, posting its highest-ever quarterly sales in Q2 and record monthly sales in June,”