Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.
April semiconductor sales were up 0.7% on March and up 11.5% on April 2013 to reach $26.34 billion, re sports 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%) and Japan (1.1%) but decreased in Europe (-0.6%) and the Americas (-1.6%).
Compared to April 2013, sales increased in the Americas (14.7%), Asia Pacific (12.5%), Europe (8.2%), 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).