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Global Semiconductor Industry Posts Record Sales in 2014

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The Semiconductor Industry Association (SIA), has announced that the global semiconductor industry posted record sales totaling $335.8 billion in 2014, an increase of 9.9 percent from the 2013 total of $305.6 billion. Global sales for the month of December 2014 reached $29.1 billion, marking the strongest December on record, while December 2014 sales in the Americas increased 16 percent compared to December 2013. Fourth quarter global sales of $87.4 billion were 9.3 percent higher than the total of $79.9 billion from the fourth quarter of 2013.

Total sales for the year exceeded projections from the World Semiconductor Trade Statistics (WSTS) organization's industry forecast. All monthly sales numbers are compiled by WSTS and represent a three-month moving average

"The global semiconductor industry posted its highest-ever sales in 2014, topping $335 billion for the first time thanks to broad and sustained growth across nearly all regions and product categories," said John Neuffer, president and CEO, Semiconductor Industry Association. "The industry now has achieved record sales in two consecutive years and is well-positioned for continued growth in 2015 and beyond."

Several semiconductor product segments stood out in 2014. Logic was the largest semiconductor category by sales, reaching $91.6 billion in 2014, a 6.6 percent increase compared to 2013. Memory ($79.2 billion) and micro-ICs ($62.1 billion) "“ a category that includes microprocessors "“ rounded out the top three segments in terms of sales revenue. Memory was the fastest growing segment, increasing 18.2 percent in 2014. Within memory, DRAM performed particularly well, increasing by 34.7 percent year-over-year. Other fast-growing product segments included power transistors, which reached $11.9 billion in sales for a 16.1 percent annual increase, discretes ($20.2 billion/10.8 percent increase), and analog ($44.4 billion/10.6 percent increase).

Annual sales increased in all four regional markets for the first time since 2010. The Americas market showed particular strength, with sales increasing by 12.7 percent in 2014. Sales were also up in Asia Pacific (11.4 percent), Europe (7.4 percent), and Japan (0.1 percent), marking the first time annual sales in Japan increased since 2010.

"The U.S. market demonstrated particular strength in 2014, posting double-digit growth to lead all regions," continued Neuffer. "With the new Congress now underway, we urge policymakers to help foster continued growth by enacting policies that promote U.S. innovation and global competitiveness."

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