January Semiconductor Sales Up 14% Compared to Last Year
March 7, 2017 | Semiconductor Industry AssociationEstimated reading time: 1 minute
The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $30.6 billion for the month of January 2017, an increase of 13.9 percent compared to the January 2016 total of $26.9 billion. Global sales in January were 1.2 percent lower than the December 2016 total of $31.0 billion, reflecting normal seasonal market trends. January marked the global market’s largest year-to-year growth since November 2010. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
“The global semiconductor industry is off to a strong and encouraging start to 2017, posting its highest-ever January sales and largest year-to-year sales increase in more than six years,” said John Neuffer, president and CEO, Semiconductor Industry Association. “Sales into the China market increased by more than 20 percent year-to-year, and most other regional markets posted double-digit growth. Following the industry’s highest-ever revenue in 2016, the global market is well-positioned for a strong start to 2017.”
Year-to-year sales increased substantially across all regions: China (20.5 percent), the Americas (13.3 percent), Japan (12.3 percent), Asia Pacific/All Other (11.0 percent), and Europe (4.8 percent). Month-to-month sales increased in Europe (1.2 percent), but fell slightly in China (-0.2 percent), Japan (-1.6 percent), Asia Pacific/All Other (-1.6 percent), and the Americas (-3.1 percent).
About SIA
The Semiconductor Industry Association (SIA) is the voice of the U.S. semiconductor industry, one of America's top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2016, U.S. semiconductor company sales totaled $164 billion, and semiconductors make the global trillion dollar electronics industry possible. SIA seeks to strengthen U.S. leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition.
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