Global semiconductor sales in May increased 21% year-to-year

Worldwide sales of semiconductors reached $38.7billion in May 2018, an increase of 21% compared to May 2017, says the Semiconductor Industry Association (SIA).

Global sales in May were 3% higher than the April 2018 total of $37.6bn. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

“The global semiconductor market has posted consistent growth of greater than 20% for 14 consecutive months, and May 2018 marked the industry’s highest-ever monthly sales,” says John Neuffer, president and CEO, SIA. “The Americas led the way once again, with sales increasing by more than 30% compared to last year, and sales were up across all major semiconductor product categories on both a year-to-year and month-to-month basis.”