Semiconductor sales data point to ‘signs of life’, analysts say


  • Business
  • Wednesday, 03 Jul 2019

NEW YORK: The latest data on semiconductor sales is pointing to stabilisation in the industry, suggesting that months of weakness and tepid demand could be nearing an end, analysts said on Monday.

According to the Semiconductor Industry Association, total monthly sales came in at US$33bil in May, up 7.1% from April. While the May data represented a year-over-year decline of 14.5%, it also represented a moderation from the 17.7% drop in April.

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