WASHINGTON – The 90-day moving average semiconductor sales reached $28 billion worldwide in August, an increase of 0.5% year-over-year.

Sales were up 3.5% sequentially, added the Semiconductor Industry Association.

August marked the market’s largest sequential growth since May 2013 and its first year-over -year growth since June 2015.

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

“Following months of sluggish global semiconductor sales, the global market recently has shown signs of a rebound, punctuated by solid growth in August,” said John Neuffer, president and CEO, SIA. “The Americas market was particularly encouraging, topping 6% month-to-month growth for the first time in nearly three years to lead all regional markets. China also stood out, posting by far the strongest year-to-year growth of all regions in August. All told, global sales are still behind last year’s pace, but appear to be on the right track as 2017 draws closer.”

Sequential sales increased across all regions: the Americas (6.3%), Japan (4.8%), China (3.1%), Asia Pacific/All Other (2.7%), and Europe (0.7%). Year-over -year sales increased in China (7.1%) and Japan (2.2%), but fell in Asia Pacific/All Other (2.7%), the Americas (3.1%), and Europe (3.3%).