Business Big rise for semi sales in May.

Business Big rise for semi sales in May.

2013/07/03

May chip sales surged 4.6% from April, reports the SIA. The rise – from $23.62 billion to $24.7 billion – is the largest monthly rise since March 2010.

“May was an unambiguously strong month for the global semiconductor industry, with growth across all regions and particularly encouraging increases in the Americas and Asia Pacific,” says Brian Toohey, SIA CEO, “sales have remained ahead of last year’s pace throughout 2013, indicating the increasing resiliency of the market.”

Global sales in May 2013 were 1.3% higher than the May 2012 total of $24.4 billion, and year-to-date sales in 2013 are 1.5% higher than they were at the same point in 2012.

Regionally, sales in May increased compared to April in Asia Pacific (5.9%), the Americas (5.6%), Japan (0.8%), and Europe (0.3%), marking the first time since September 2012 that all four regions have seen sequential monthly growth.

Compared to the same month in 2012, sales in May increased in Asia Pacific (5.8%), the Americas (3.0%), and Europe (0.1%), but fell steeply in Japan (-18.4%), largely because of the devaluation of the Japanese yen.

“Building on the semiconductor industry’s recent momentum will require enacting federal policies that embrace innovation and foster growth,” says Toohey, “the Senate’s recent approval of comprehensive immigration reform legislation is a significant step forward. The House should follow suit and promptly approve legislation to fix America’s outdated high-skilled immigration system.”

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