Q2 sales were $9.556 billion, an increase of 12.1% from Q2 2013 and of 3.5% from Q1 2014.
In the first half of 2014, European semiconductor sales grew by 10.2% compared with the first half of 2013.
On a month-to-month basis, the European market increased by 1.9% in June and performance remained robust across all the main product groups.
Some noteworthy improvement was seen in the areas of discretes, logic and optoelectronics, up 4.8%, 4.1% and 2.5%, respectively from May.
Leading end use market segments in June were consumer, wired and wireless communication applications.
Worldwide sales of semiconductors in June 2014 were $27.567 billion, up 2.6% from May 2014 and up 10.8% from June 2013. It was the highest ever monthly sales figure for the industry.
Q2 sales were up 5.4% on Q1 and up 10.8% on Q2 2013.
Year-to-date sales during the first half of 2014 were 11.1% higher than they were at the same point in 2013, which was a record year for semiconductor revenues, reports the SIA.
"Through the first half of 2014, the global semiconductor market has demonstrated consistent, across-the-board growth, with the Americas region continuing to show particular strength," says SIA CEO Brian Toohey, "the industry posted its highest-ever second quarter sales and outperformed the latest WSTS sales forecast. Looking forward, macroeconomic indicators – including solid US GDP growth announced last week – bode well for continued growth in the second half of 2014 and beyond."
Regionally, sales were up compared to last month in the Americas (4.9%), Asia Pacific (2.1%), Japan (2.1%), and Europe (1.9%).
Compared to June 2013, sales increased in the Americas (12.1%), Europe (12.1%), Asia Pacific (10.5%), and Japan (8.5%).
All four regional markets have posted better year-to-date sales through the first half of than they did through the same point last year.