Third quarter of 2018 sales hit all-time high
SAN FRANCISCO — Global semiconductor sales hit yet another all-time high in the third quarter, as the chip industry remains comfortably on track to pass the its revenue record of $412 billion set last year.
Third quarter chip sales totaled $122.7 billion, an increase of 4.1% compared to the second quarter and 13.8% compared to the the third quarter of 2017, according to the Semiconductor Industry Association (SIA).
“While year-to-year growth has tapered in recent months, September marked the global industry’s highest-ever monthly sales, and Q3 was its top-grossing quarter on record,” said ” John Neuffer, SIA president and CEO, in a statement.
The SIA, which reports chip sales statistics compiled by the World Semiconductor Trade Statistics (WSTS) organization, said the three-month rolling average of sales hit $40.9 billion in September, up 2% from August and up 13.8% compared to September 2017.
Year-to-year sales in September were up across every major product category and regional market, with sales into China and the Americas continuing to lead the way, according to the SIA.