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Semiconductors Down 6% in Q2

Worldwide semiconductor sales totalled $79.1 billion in Q2’16, says the Semiconductor Industry Association (SIA): a 1% QoQ rise but a 5.8% YoY fall.

For June 2016, worldwide sales rose 1.1% MoM and declined 5.8% YoY, to $26.4 billion. Year-to-date sales at the end of June were down 5.8% YoY.

John Neuffer, CEO and president of the SIA, said that sales “remain behind the pace from last year, due largely to global economic uncertainty and sluggish demand.” Sales into Japan and China have been a “bright spot”, and a modest rebound is expected in the second half of the year.

Compared to June 2015, sales were up in China (1.7%), but down everywhere else (APAC/All Other (-11%), Americas (-10.8%), Europe (-5.5%) and Japan (-1.3%)). Sales rose slightly compared to May in the Americas (3%), China (2.2%) and Europe (1.7%), but fell in Japan (-1%) and APAC/All Other (-0.6%).

Semiconductor Sales by Region, June 2016 ($ Billions)
Market June 2016 June 2015 YoY Change
Americas 4.93 5.53 -10.8%
Europe 2.67 2.83 -5.5%
Japan 2.53 2.57 -1.3%
China 8.27 8.13 1.7%
APAC/All Other 7.95 8.94 -11.0%
Total 26.36 26.36 -5.8%
Source: SIA