October Semiconductor Sales Grew for 4th Straight Month, but 2019 Decline Expected

Global semiconductor sales were $36.6 billion in October, a 2.9 percent increase sequentially from September but down 13.1 percent from October 2018, reported the Semiconductor Industry Association Tuesday. It’s projecting 2019 sales will decrease 12.8 percent before rising 5.9 percent in 2020 and 6.3 percent in 2021. Though the market “slumped somewhat” in 2019, “the recent trend is more positive, with month-to-month sales increasing in October for the fourth consecutive month,” said SIA.