Japan & Asia Pacific Semiconductor Sales Still On Track
European and U.S. sales however declined by over 8 percent in June 2012 as compared to the same time last year
The Semiconductor Industry Association (SIA), has said that worldwide semiconductor sales reached $24.38 billion for the month of June 2012.
This is a decrease of just 0.1 percent from the prior month when sales were $24.40 billion. Sales from June 2012 were 2 percent lower than the June 2011 total of $24.89 billion, but the year-over-year decrease was smaller than it has been since October 2011. All monthly sales numbers represent a three-month moving average.
"The semiconductor industry continues to navigate the turbulent global economy better than most sectors, but macroeconomic uncertainties are limiting overall recovery and growth. The Japan and Asia Pacific sequential increases are encouraging signs, but are tempered by continued weakness in Europe and the Americas," said Brian Toohey, president & CEO, Semiconductor Industry Association.
"Congress can help ease economic uncertainty by enacting effective and dependable policies that promote American competitiveness and spur economic growth. Policymakers should chart a path forward during the August congressional recess and return to Washington, D.C. next month ready to act."
Semiconductor sales increased on a sequential monthly basis in Japan by 2 percent and in the Asia Pacific region by 0.6 percent. However, overall sales were compounded by a decline in Europe of 0.7 percent and 3.6 percent in the Americas.
Compared to June 2011, sales in June 2012 increased in Japan by 3.7 percent and Asia Pacific by 1.0 percent but fell sharply in the Americas by 8.1 percent and Europe by 12.1 percent. Japan and Asia Pacific attained month-over-month and year-over-year growth simultaneously for the first time since September 2010.
