A summary of the Global Sales Report follows. ...
November 1998 Global Sales Report
Month-to-Month Sales Market Oct 1998 Nov 1998 % Change Americas 3.616 3.686 1.9 Europe 2.581 2.768 7.3 Japan 2.146 2.296 7.0 Asia 2.513 2.635 4.8 Pacific Total $10.856 $11.385 4.9 % Billion Billion
Year-to-Year Monthly Sales Market Nov 1997 Nov 1998 % Change Americas 3.975 3.686 -7.3 Europe 2.690 2.768 2.9 Japan 2.716 2.296 -15.5 Asia 2.734 2.635 -3.6 Pacific Total $12.114 $11.385 -6.0 % Billion Billion Rolling Three-Month Average Sales Market June/July/Aug Sept/Oct/Nov % Change Americas 3.313 3.686 11.3 Europe 2.230 2.768 24.1 Japan 2.006 2.296 14.4 Asia 2.006 2.635 16.5 Pacific Total $9.809 Billion $11.385 Billion 16.1 % *Note: Some numbers may not add due to rounding.
January 8, 1999 #1
WORLD CHIP SALES SURGED 5 PERCENT, OR $528 MILLION, IN NOVEMBER; HIGHEST TOTAL SINCE DECEMBER 1997
SAN JOSE --- World semiconductor sales jumped to $11.38 billion in November, the highest mark since December 1997, the Semiconductor Industry Association (SIA) reported today. A rally in the Japanese and Asia-Pacific markets led total sales to a 5-percent increase from October.
According to the SIA's Global Sales Report, sales in Japan and the Asia-Pacific climbed 7 percent and 4.8 percent, respectively. The embattled Yen appreciated considerably from October to November, rising in value against the U.S. dollar. In Asia-Pacific, Christmas kicked off strong purchases of PC sales, boosting sales for motherboards, of which Asia-Pacific is the leading producer.
"November is the third consecutive month of strong chip growth, reversing a trend of sluggish sales, which bottomed in July this year," said SIA President George Scalise. "Fourth quarter sales are surpassing our expectations and point to a stronger close for 1998 than what was anticipated."
Chip sales in Europe also soared in November, hiking 7.3 percent from October. Optimism over Europe's new currency translated into capital spending in November, bolstering the European economy. In the Americas market, sales continued a steady increase, climbing 2 percent.
The October-November upswing of 5 percent is the biggest October-November jump since 1990.
Sales in November 1998 are climbing back from year-ago levels. In August 1998, Japan's sales dipped 30 percent from August 1997. In November, Japan's year-over-year sales decline narrowed to 15.5 percent. Sales in the Americas and Asia-Pacific markets decreased 7.3 and 3.6 percent, respectively, from November 1997 totals. Conversely, Europe's market, which has shown strength all year, increased 2.9 percent.
The SIA's Global Sales Report is a three-month rolling average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, which represents 70 companies.
For additional information, please contact Jeff Weir or Karen Snow at the SIA, 408.436.6600.
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