Year-on-year global semiconductor sales increased 2.1% to $24.88bn in June
Semiconductor sales have increased 6% during the second quarter of 2013 to $74.65 billion compared to $70.45bn recorded during the first quarter, according to a new report.
Semiconductor Industry Association (SIA) reported that the growth in this quarter marks the highest quarterly increase in three years.
During June, global semiconductor sales increased 2.1% reaching $24.88bn compared to June 2012 and 0.8% increase compared to May 2013.
Sales in the Americas region increased 8.6% year-on-year during the second quarter while in June sale increased 10.6% compared to June 2012.
SIA president and CEO Brian Toohey said that there’s no question the global semiconductor industry has picked up pace through the first half of 2013, led largely by the Americas.
"We have now seen consistent growth on a monthly, quarterly, and year-to-year basis, and sales totals have exceeded the latest industry projection, with sales of memory products showing particular strength," Toohey said.
According to the report, the sales during the quarter were higher compared to the forecast by the World Semiconductor Trade Statistics (WSTS), which projected global sales to rise 4.6% quarter-over-quarter and 3.4% in Americas.
Year-to-date sale of semiconductor reached $145.1bn.
In Americas region sales increased 3.5% in June compared to May, 0.4% in Asia Pacific, 0.1% in Europe but declined 0.9% in Japan.
In terms of year on year growth, June sales increased 10.6% in the Americas, 5.4% in Asia Pacific and 0.8% in Europe and plunged 20.8% in Japan, mainly because of devaluation of the Japanese currency.