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KUALA LUMPUR (June 7): The semiconductor industry’s worldwide is projected to reach US$463.4 billion in 2018, according to the U.S.-based Semiconductor Industry Association (SIA).

Global sales of semiconductors rose 20.2% year-on-year in April to US$37.6 from US$31.3 billion a year earlier.

In a statement on its website yesterday, SIA said the April sales was 1.4% higher than the US$37.1 billion in March.

Monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average.

SIA said that additionally, a newly released WSTS industry forecast projects annual global market growth of 12.4% in 2018 and 4.4% in 2019.

SIA president and CEO John  Neuffer said the global semiconductor industry has posted consistently strong sales so far in 2018, and the global market has now experienced year-to-year growth of greater than 20 percent for 13 consecutive months.

“Although boosted in part by impressive growth in the memory market, sales of non-memory products also grew by double digits in April on a year-to-year basis, and all major regional markets posted double-digit year-to-year gains.

“The global market is projected to experience significant annual growth this year, with more modest growth expected next year,” he said.

The SIA said that regionally, year-to-year sales increased in the Americas (34.1%), China (22.1%), Europe (21.4%), Japan (14.6%), and Asia Pacific/All Other (10.2%).

It said compared with last month, sales were up in China (3.2%), Japan (2.7%), Europe (1.4%), and the Americas (0.8%), but down slightly in Asia Pacific/All Other (-0.8%).

Additionally, SIA today endorsed the WSTS Spring 2018 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $463.4 billion in 2018.

However, in 2019, growth in the semiconductor market is expected to moderate, with sales increases of between 4-5% expected across each of the regions.

Photo Credit: Semiconductor Industry Association