SIA revises October chip market size
The averaged chip sales for November were 10.8 percent behind the same period a year before, according to the Semiconductor Industry Association. But this was an improvement on October’s lag, which was, in turn, an improvement on September’s lag of 14.6 percent.
However, it is notable that along with November’s averaged data the SIA also increased its estimate of October’s averaged data from $36.59 billion to $36.75 billion. Increases were made to the America’s, Japanese and Asia/Pacific region’s averaged figures for October. This changed the lag in October from the originally announced decline of 13.1 percent, to 12.7 percent.
The three-month average of worldwide sales of chips in November 2019 was $36.65 billion down 10.8 percent from $41.11 billion for the three-month average of November 2018.
On an annual basis sales were down across all regions compared to November 2018: Europe (-8.0 percent), Asia Pacific/All Other (-8.3 percent), Japan (-9.1 percent), China (-6.0 percent), and the Americas (-22.3 percent).
Three-month average of chip sales by geographic region for November and October 2019. Source: SIA/WSTS.
As 2019 winds down, global semiconductor sales continue to lag behind last year’s total, but we’ve begun seeing indications of the modest rebound projected for next year,” said John Neuffer, CEO of the SIA, in a statement. “Regionally, the Americas market was the only major market to grow on a month-to-month basis, but sales into the Americas were down substantially year-to-year.”
In 2020 and 2021, global sales are expected to increase by 5.9 percent and 6.3 percent, respectively.
Monthly data is given by the SIA as a three-month average although the source of the data, the World Semiconductor Trade Statistics organization (WSTS), tracks actual monthly data. The SIA and other regional semiconductor industry bodies opt to use averaged data because it evens out the actual data that typically shows troughs at the beginnings of quarters and peaks at the ends of quarters.
Related links and articles:
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Chip market crawled forward in October
Chip market is stuck in the doldrums
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Global chip market up sequentially in August
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