While US sales were flat, China sales were up 6% m-o-m.
“Global semiconductor sales have slowed somewhat this summer in part due to softening demand, normal market cyclicality, and currency devaluation in some regional markets,” says SIA CEO John Neuffer, “despite these headwinds, year-to-date global sales through July are higher than at the same time last year, which was a record year for semiconductor revenues.”
Y-o-y sales increased in China (5.6%), Asia Pacific/All Other (1.0%), and the Americas (0.8%), but decreased in Europe (-12.5%) and Japan (-13.3%), in part due to currency devaluation.
On a month-to-month basis, sales increased in Japan (2.7%), China (0.6%), and Europe (0.4%), but fell slightly in the Americas (-0.3%) and Asia Pacific/All Other (-2.5%