April semiconductor sales were up 0.7% on March and up 11.5% on April 2013 to reach $26.34 billion, reports the SIA.
“The global semiconductor market maintained its strong momentum in April, with year-over-year sales increasing across every region and product category,” says SIA CEO Brian Toohey, “the market remains well ahead of the pace set in 2013, which was a record year for semiconductor revenues. April marked the twelfth consecutive month that year-over-year sales have increased, and we expect that trend to continue during the remainder of 2014 and into 2015.”
Regionally, sequential monthly sales increased in Asia Pacific (1.7 percent) and Japan (1.1 percent), but decreased in Europe (-0.6 percent) and the Americas (-1.6 percent). Compared to April 2013, sales increased in the Americas (14.7 percent), Asia Pacific (12.5 percent), Europe (8.2 percent), and Japan (4.4 percent – the region’s largest increase in more than three years).
The SIA endorses the WSTS Spring 2014 global semiconductor sales forecast, which projects the industry’s worldwide sales will reach $325.4 billion in 2014, a 6.5% increase from the 2013 sales total.
WSTS now predicts year-over-year increases for 2014 in Asia Pacific (9.3%), Europe (7.9%), and the Americas (2.1%), with a slight decline projected for Japan (-1.3%).
Beyond 2014, the industry is expected to grow steadily and moderately across all regions, according to the WSTS forecast. WSTS predicts 3.3% growth globally for 2015 ($336.1 billion in total sales) and 4.3% growth for 2016 ($350.5 billion).
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