Processor sales had the biggest drop in 35 years
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According to the World Semiconductor Trade Statistics (WSTS) organization, global sales of chips (processors) have fallen 15.5% sequentially in the first quarter, representing the largest decline in the last 35 years. Sales fell 13% year-on-year (Compared to the same period last year).
Fourth biggest decline in four decades in processor sales
WSTS said chip sales totaled $ 96.8 billion in the first quarter, down from the $ 114.7 billion that companies made in the previous quarter. First-quarter revenue decreased 13% from $ 111.1 billion year-over-year.
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The three-month average income in March was 32.3 billion dollars, 1.8% less than in February of this year, and 13% less than in March 2018.
John Neuffer, President and CEO of the Semiconductor Industry Association (SIA) business group, commented: “Sales in March decreased year-over-year in all major regional markets and semiconductor product categories, consistent with the recent cyclical trend. the world market ”.
IC Insights, a market research firm, said the first-quarter real revenue drop was actually 17.1%, calling it the largest sequential drop since 2001 and the fourth-biggest decline since 1984.
IC Insights added that the first quarter of the year is typically the weakest, with an average sequential decline of 2.1% over the past 36 years. However, this year, the drop was much larger than average, so they expect a double-digit decrease for 2019.
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