The global semiconductor market in the three-month averaged sales for May (May, April and March) was US$33.06 billion, down 14.6 percent, from the same period a year before. That was the same contraction of the market as recorded in the previous month, indicating a potential inflection point.

The America’s averaged-market in May was down 27.9 percent on the same period a year before but on a month-on-month basis was up 1.4 percent. However, China appears to be leading the way out of the semiconductor market recession with month-on-month growth of 5.4 percent.

“Global semiconductor sales fell well short last year’s monthly total in May, marking the fifth straight month of negative sales growth on a year-to-year basis,” said John Neuffer, SIA president and CEO, in a statement. “On a month-to-month basis, global sales increased modestly and sales into the Americas increased for the first time in seven months, although year-to-year sales into the Americas were down substantially.”

Three-month average of chip sales by geographic region for April and May 2019. Source: SIA/WSTS.

Monthly data is given by the SIA as a three-month average although the WSTS organization 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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US pain continues as chip market decline deepens

US hurting under global chip market’s February fall

Europe last to know about chip market downturn

US dips in chip market’s fourth quarter flatness

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