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.

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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

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