Semiconductor and Connector Sales Grew Month-Over-Month in September, But Still Down from 2018 Numbers

Originally posted on TTI’s MarketEye blog

The Semiconductor Industry Association (SIA) reported September sales of $35.6 billion, down 14.6 percent from the prior year but up 3.4 percent sequentially. Regionally, for September, the SIA reported that the Americas contracted 30.4 percent year-over-year; Japan was down 10 percent; other Asia-Pacific decreased by 6.9 percent; Europe was down 6.4 percent; and China contracted 12.9 percent.

Connector industry sales measured in U.S. dollars declined 3.7 percent compared to the prior year and increased 2.9 percent sequentially. Regionally, for September, year-over-year sales increased 1.6 percent in Japan; declined 4.6 percent in Asia-Pacific; declined 4.6 percent in Europe; decreased 4.3 percent in China; decreased 3.4 percent in North America; and decreased 6.7 percent in the rest of the world.

The following graph compares semiconductor sales performance to the connector industry since May 2018:

Monthly Sales Performance, May 2018–Sept. 2019

Table - Top 10 Connectors Manufacturers Ranked by Worldwide Sales, 2018 vs. 2017

In September, both semi and connector sales contracted for the ninth consecutive month. Connector sales have outperformed semis in the last ten months. Semi and connector sales performance is leveling off in the year-over-year comparisons, in the negative mid-single-digits for connectors and the negative mid-teens for semis.

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