WASHINGTON – Worldwide semiconductor sales were $36.6 billion in October, down 13.1% year-over-year and up 2.9% sequentially, said the Semiconductor Industry Association.

World Semiconductor Trade Statistics projects annual global sales will decrease 12.8% in 2019, followed by increases of 5.9% in 2020 and 6.3% in 2021.

“While the global semiconductor market has slumped somewhat in 2019 compared to the record sales posted in 2018, the recent trend is more positive, with month-to-month sales increasing in October for the fourth consecutive month,” said John Neuffer, president and CEO, SIA. “Global sales are projected to decrease by double digits in 2019, then rebound with moderate growth expected in 2020 and 2021.”

Regionally, sales increased in October compared to September across all major regional markets: the Americas (8.6%), China (2.9%), Japan (1%), Europe (0.5%), and Asia Pacific/All Other (0.4%). Sales were down across all regions compared to October 2018: Europe (7.3%), Asia Pacific/All Other (7.4%), Japan (9.3%), China (10.2%), and the Americas (27.1%).

WSTS projects the industry’s worldwide sales will be $409 billion in 2019, a 12.8% decrease from 2018.

WSTS projects year-over-year decreases across all regional markets for 2019: Europe (6.9%), Asia Pacific (8.8%), Japan (11.1%), and the Americas (26.7%). In 2020 and 2021, global sales are expected to increase 5.9% and 6.3%, respectively.