Friday, 4 September 2015

Global semicon sales fall in July on weak demand, currency woes

Global semiconductor sales fell in July from a year ago and a month ago which the US-based Semiconductor Industry Association (SIA) blamed on softening demand and currency devaluation in some regional markets.

The Washington-based trade body said on Thursday global sales of semiconductors fell 0.9% to US$27.9bil in July a year ago when sales were US$28.1bil.

Global sales from July were 0.4% lower than June’s US$28.0bil. This was based on a three-month moving average.

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