WASHINGTON — The 90-day moving average worldwide semiconductor sales were $27.7 billion in August, down 3% year-over-year.

Sales were down 0.5% sequentially, the Semiconductor Industry Association added.

Sales in the Americas increased 1.1% compared to July but were down 3.5% compared to 2014.

“The global semiconductor market has endured a slight softening of demand in recent months, which has combined with currency devaluation and regular market cyclicality to slow sales somewhat,” said John Neuffer, president and CEO, SIA. “Despite recent market sluggishness, the global industry has posted higher cumulative sales through August this year than it did through the same point last year, which was a record year for semiconductor revenues.”

Regionally, year-to-year sales increased in China (4.4%), but decreased 12.4% in Europe, 13% in Japan and 2.3% in Asia Pacific and other regions. The sharp decreases in Europe and Japan are due in part to currency devaluation relative to the US dollar. On a month-to-month basis, sales increased 1.3% in Japan and 1.1% in the Americas, but fell in 0.3% in China, 0.6% in Europe and 2.1% in Asia Pacific.

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

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