GM, BB, All,
Global Chip Sales Total $10.97 Billion in January
SAN JOSE, Calif., March 11 /PRNewswire/ -- World semiconductor sales reached $10.97 billion in January, climbing $304 million from January 1997 totals, the Semiconductor Industry Association reported today. The 2.9 percent year-to-year increase made January 1998 the second strongest January of the 1990s.
Europe topped year-to-year growth among world markets, boosting sales 10.5 percent from January 1997. The Americas and Asia-Pacific markets also had large sales gains from 1997, jumping 7.3 and 7.0 percent, respectively. In Japan, however, sales continued to slump. January 1998 sales decreased 12.8 percent from January 1997 sales.
"January sales reflect the impact of Asia's economic malaise combined with a seasonal pattern of sluggish sales. Historically, long-term sales have grown despite short-term weaknesses," said SIA president George Scalise.
For example, January sales in the Asia-Pacific decreased 6.5 percent from December. Since 1990, however, sales in that region have increased by an average of 26 percent per year.
All major markets showed sales declines from December to January. Sales in the America's, European and Japanese markets dipped by 3 percent, 2.2 percent and 7 percent, respectively.
Data for the Global Sales Report was collected by World Semiconductor Trade Statistics (WSTS), an organization that represents 70 companies. The WSTS also prepares semiannual forecasts for the chip industry and issues monthly reports on semiconductor sales by product and geographic region for subscribers. A summary of the Global Sales Report is attached.
The SIA is the leading voice for the semiconductor industry and has represented U.S.-based manufacturers since 1977. SIA member companies comprise 90 percent of U.S.-based semiconductor production and employ a domestic workforce of more than 150,000 people.
January 1998 Global Sales Report
Month-to-Month Sales
Market December 1997 January 1998 % Change
Americas 3.803 3.687 -3.0 %
Europe 2.568 2.512 -2.2
Japan 2.528 2.352 -7.0
Asia Pacific 2.584 2.415 -6.5
Total $11.484 Billion $10.968 Billion -4.5 %
Year-to-Year Monthly Sales
Market January 1997 January 1998 % Change
Americas 3.435 3.687 7.3 %
Europe 2.273 2.512 10.5
Japan 2.698 2.352 -12.8
Asia Pacific 2.256 2.415 7.0
Total $10.664 Billion $10.968 Billion 2.9%
Rolling Three-Month Average Sales
Market Aug/Sept/Oct Nov/Dec/Jan % Change
Americas 3.977 3.687 -7.3 %
Europe 2.537 2.512 -1.0
Japan 2.744 2.352 -14.3
Asia Pacific 2.732 2.415 -11.6
Total $11.990 Billion $10.968 Billion - 8.5 %
Note: Some numbers may not add due to rounding.
SOURCE Semiconductor Industry Association
CO: Semiconductor Industry Association
ST: California
IN: CPR PUB
SU: SLS
03/11/98 15:48 EST prnewswire.com
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