The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that worldwide sales of semiconductors reached $24.70 billion for the month of May 2013, an increase of 4.6 percent from the previous month when sales were $23.62 billion. This represents the largest sequential monthly increase in sales for the industry since March 2010. Global sales in May 2013 were 1.3 percent higher than the May 2012 total of $24.40 billion, and year-to-date sales in 2013 are 1.5 percent higher than they were at the same point in 2012. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
"May was an unambiguously strong month for the global semiconductor industry, with growth across all regions and particularly encouraging increases in the Americas and Asia Pacific," said Brian Toohey, president and CEO, Semiconductor Industry Association. "Sales have remained ahead of last year's pace throughout 2013, indicating the increasing resiliency of the market."
Regionally, sales in May increased compared to April in Asia Pacific (5.9 percent), the Americas (5.6 percent), Japan (0.8 percent), and Europe (0.3 percent), marking the first time since September 2012 that all four regions have seen sequential monthly growth. Compared to the same month in 2012, sales in May increased in Asia Pacific (5.8 percent), the Americas (3.0 percent), and Europe (0.1 percent), but fell steeply in Japan (-18.4 percent), largely because of the devaluation of the Japanese yen.
"Building on the semiconductor industry's recent momentum will require enacting federal policies that embrace innovation and foster growth," continued Toohey. "The Senate's recent approval of comprehensive immigration reform legislation is a significant step forward. The House should follow suit and promptly approve legislation to fix America's outdated high-skilled immigration system."
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