November semicon sales rise at highest rate in nearly 2 years


SEMI president and CEO Ajit Manocha said equipment billings in August declined relative to July, signaling a pause in this year's extraordinary growth.

KUALA LUMPUR: North American semiconductor industry companies racked up global sales of US$31bil in November last year, which was at the highest rate in nearly two years, underpinned by the Chinese market, says the Semiconductor Industry Association (SIA).

The US-based SIA announced recently the November 2016 sales rose 7.4% from the US$28.9bil a year ago and were 2% above October 2016’s US$30.4bil. The November sales marked the market’s largest year-to-year growth since January 2015. 

SIA president and CEO John Neuffer said: “Global semiconductor sales continued to pick up steam in November, increasing at the highest rate in almost two years and nearly pulling even with the year-to-date total from the same point in 2015.”

“The Chinese market continues to stand out, growing nearly 16% year-to-year to lead all regional markets. As 2016 draws to a close, the global semiconductor market appears likely to roughly match annual sales from 2015 and is well-positioned for a solid start to 2017.”

The SIA represents US leadership in semiconductor manufacturing, design, and research. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

It pointed out November sales increased modestly across all regions from October.  The Americas (3.3% ), China (2.7%), Europe (2.5%), Asia Pacific/All Other (0.7%), and Japan (0.4%). 

Year-to-year sales increased in China (15.8%), Japan (8.2%), Asia Pacific/All Other (4.8%), and the Americas (3.2%), but fell slightly in Europe (-1.6%).

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

EVs the way forward to green transition, reduces petrol dependence
99 Speed Mart's 3Q net profit falls to RM107.16mil
Singapore Air flags earnings pressure from tough competition
China unveils US$1.4 trillion local debt package but no direct stimulus
BNM: Malaysia's Asean chairmanship to boost regional takaful, re-takaful collaboration
Ringgit closes stronger against US dollar on market optimism
Milux gets takeover offer at 43.2 sen per share
Steel Hawk secures subcontract for offshore services in Sarawak
Carlsberg posts 19.8% profit growth in 3Q, declares 23 sen dividend
Fahmi: Premature to reveal conditions for U Mobile’s 5G network

Others Also Read