WASHINGTON, Oct. 2, 2017 /PRNewswire-USNewswire/ -- The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $35.0 billion for the month of August 2017, an increase of 23.9 percent compared to the August 2016 total of $28.2 billion and 4.0 percent more than the July 2017 total of $33.6 billion. All major regional markets posted both year-to-year and month-to-month increases in August, and the Americas market led the way with growth of 39.0 percent year-to-year and 8.8 percent month-to-month. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. 

"Global semiconductor sales were up significantly in August, increasing year-to-year for the thirteenth consecutive month and reaching $35 billion for the first time," said John Neuffer, president and CEO, Semiconductor Industry Association. "Sales in August increased across the board, with every major regional market and semiconductor product category posting gains on a month-to-month and year-to-year basis. Memory products continue be a major driver of overall market growth, but sales were up even without memory in August."

Year-to-year sales increased in the Americas (39.0 percent), China (23.3 percent), Asia Pacific/All Other (19.5 percent), Europe (18.8 percent), and Japan (14.3 percent). Month-to-month sales increased in the Americas (8.8 percent), China (3.7 percent), Japan (2.8 percent), Asia Pacific/All Other (2.2 percent), and Europe (0.6 percent).

"With about half of global market share, the U.S. semiconductor industry is the worldwide leader, but U.S. companies face intense global competition," said Neuffer. "To allow our industry to continue to grow and innovate here at home, policymakers in Washington should enact corporate tax reform that makes the U.S. tax system more competitive with other countries. The corporate tax reform framework released last week by leaders in Congress and the Trump Administration is an important step forward. We look forward to working with policymakers to enact corporate tax reform that strengthens our industry and the U.S. economy."

To find out how to purchase the WSTS Subscription Package, which includes comprehensive monthly semiconductor sales data and detailed WSTS Forecasts, please visit http://www.semiconductors.org/industry_statistics/wsts_subscription_package/. For detailed data on the global and U.S. semiconductor industry and market, consider purchasing the 2017 SIA Databook: https://www.semiconductors.org/forms/sia_databook/.

Media Contact
Dan Rosso
Semiconductor Industry Association
202-446-1719
drosso@semiconductors.org

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. Learn more at www.semiconductors.org.

About WSTS
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.

SOURCE Semiconductor Industry Association

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