July sees another decline in semi sales over a year ago

Loihi chips
Some of the news for chip sales is better, with an increase in July over June. But the July numbers were bad compared to a year ago, down 15% globally and 28% for the Americas. (Intel)

Semiconductor sales were 15.5% lower in July when compared with July 2018, industry officials said late Tuesday.

Total sales in July were $33.4 billion, down from $39.5 billion in July 2018, according to the Semiconductor Industry Association, which cited World Semiconductor Trade Statistics based on a three-month average.

Even with the July year-to-year decline, sales rose slightly over June, by 1.7% on a global basis, noted John Neuffer, SIA president in a statement.

Free Daily Newsletter

Interesting read? Subscribe to FierceElectronics!

The electronics industry remains in flux as constant innovation fuels market trends. FierceElectronics subscribers rely on our suite of newsletters as their must-read source for the latest news, developments and predictions impacting their world. Sign up today to get electronics news and updates delivered to your inbox and read on the go.

The Americas saw the worst impact, with year-to-year sales down by nearly 28% in July, with the decline in China at 14%. All other regions declined as well.

For the first half of 2019, chip sales declined nearly 14% globally, according to IHS Markit. The major contributors to the decline were less demand for DRAM and NAND for data processing and soft demand for cell phones.

RELATED: Chip sales decline 13.9% in first half of 2019, IHS Markit says

Suggested Articles

Customers will be able to order Walgreens merch, delivered to homes in October

The city of Columbus, Ohio, will start a demonstration project in the Short North area next month that helps drivers find parking spaces more easily, according…

Researchers at Yokohama National University in Japan have developed a unified shock sensor to quickly and accurately dispel harmful shock waves, according to a…