Chip Sales Outperform Predictions in Q3

Worldwide semiconductor sales reached $87 billion in Q3’14, a 5.7% QoQ and 8% YoY increase, according to the Semiconductor Industry Association (SIA). The result outperformed the latest World Semiconductor Trade Statistics industry forecast. Sales in September were valued at $26.9 billion; 1.9% higher than August’s result.

Global semiconductor sales were “well ahead” of last year throughout Q3, said SIA president Brian Toohey. The industry has now posted seven consecutive months of growth.

Regionally, sales were up 2.8% MoM in the Americas and 2.5% in APACxJ, but down slightly in Europe (0.1%) and Japan (-1.3%). Compared to last year, sales were up in three regions: APACxJ (12%), Europe (7.9%) and the Americas (3.7%), but down 3.7% in Japan.