WASHINGTON – Worldwide sales of semiconductors reached $41.4 billion in November, up 9.8% year-over-year and down 1.1% sequentially, says the Semiconductor Industry Association.

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

“The global semiconductor industry continues to post solid year-to-year sales increases, and year-to-date revenue through November has surpassed annual sales from all of 2017, but growth has slowed somewhat in recent months,” said John Neuffer, SIA president and CEO. “Year-to-year sales increased in November across all major regional markets, with the China market standing out with growth of 17%. Double-digit annual growth is expected for 2018 once December’s sales are tallied, with more modest growth projected for 2019.”

Regionally, year-over-year sales increased in China (17.4%), the Americas (8.8%), Europe (5.8%), Japan (5.6%), and Asia Pacific/All Other (4.4%). Sequentially, sales were up in Asia Pacific/All Other (1.1%), Europe (0.5%), and Japan (0.4%), but down slightly in the Americas (2.2%) and China (2.7%).