Quarterly Semiconductor Sales Increase 6 Percent, Outperform Industry Forecast

Americas region leads recent growth, posts largest year-over-year increase of 2013

WASHINGTON, Aug. 5, 2013 /PRNewswire-USNewswire/ -- The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that worldwide sales of semiconductors reached $74.65 billion during the second quarter of 2013, an increase of 6 percent from the first quarter when sales were $70.45 billion. This marks the largest quarterly increase in three years. Global sales for June 2013 hit $24.88 billion, an increase of 2.1 percent compared to June 2012 and 0.8 percent higher than the May 2013 total. Regionally, sales in the Americas jumped 8.6 percent in Q2 compared to Q1 and 10.6 percent in June 2013 compared to June 2012, marking the region's largest year-over-year increase of 2013. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

"There's no question the global semiconductor industry has picked up steam through the first half of 2013, led largely by the Americas," said Brian Toohey, president and CEO, Semiconductor Industry Association. "We have now seen consistent growth on a monthly, quarterly, and year-to-year basis, and sales totals have exceeded the latest industry projection, with sales of memory products showing particular strength."

Quarterly sales outperformed the World Semiconductor Trade Statistics (WSTS) organization's latest industry forecast, which projected quarter-over-quarter growth of 4.6 percent globally and 3.4 percent for the Americas (compared to the actual increases of 6 percent and 8.6 percent, respectively). Total year-to-dates sales of $145.1 billion also exceeded the WSTS projection of $144.1 billion. Actual year-to-date sales through June are 1.5 percent higher than they were at the same point in 2012.

Regionally, sales in June increased compared to May in the Americas (3.5 percent), Asia Pacific (0.4 percent), and Europe (0.1 percent), but declined slightly in Japan (-0.9 percent). Compared to the same month in 2012, sales in June increased substantially in the Americas (10.6 percent), moderately in Asia Pacific (5.4 percent), and slightly in Europe (0.8 percent), but dropped steeply in Japan (-20.8 percent), largely due to the devaluation of the Japanese yen.

"While we welcome this encouraging data, it is important to recognize the semiconductor workforce that drives innovation and growth in our industry," continued Toohey. "A key roadblock inhibiting our innovation potential is America's outdated high-skilled immigration system, which limits semiconductor companies' access to the world's top talent. The House of Representatives should use the August recess to work out their political differences on this issue and return to Washington next month ready to approve meaningful immigration reform legislation."

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/. 

About the 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 that 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 2012, U.S. semiconductor sales totaled more than $146 billion, and semiconductors make the global trillion dollar electronics industry possible. Founded in 1977 by five microelectronics pioneers, SIA unites companies that account for 80 percent of America's semiconductor production. Through this coalition, SIA seeks to strengthen U.S. leadership of semiconductor design and manufacturing 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.

Media Contact
Dan Rosso
Semiconductor Industry Association
[email protected]
202-446-1719

SOURCE Semiconductor Industry Association