Chip Sales Up 9.8% Year-to-Year in November
January 4, 2019
The Semiconductor Industry Association (SIA) noted worldwide sales of semiconductors reached $41.4 billion for the month of November 2018, an increase of 9.8 percent from the November 2017 total of $37.7 billion and 1.1 percent less than the October 2018 total of $41.8 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
“The global semiconductor industry continues to post solid year-to-year sales increases, and year-to-date revenue through November has surpassed annual sales from all of 2017, but growth has slowed somewhat in recent months,” said John Neuffer, SIA president and CEO. “Year-to-year sales increased in November across all major regional markets, with the China market standing out with growth of 17 percent. Double-digit annual growth is expected for 2018 once December’s sales are tallied, with more modest growth projected for 2019.”