Global Semiconductor Sales Fell 3% In November: SIA

The Semiconductor Industry Association said Tuesday that global sales of semiconductors fell 3% in November to $28.9 billion. "Softening demand and lingering macroeconomic challenges continued to limit global semiconductor sales in November," SIA Chief Executive John Neuffer said in a statement. The association is expecting sales to post modest increases in 2016 and beyond, he said. On a regional basis, sales rose 5.3% in China in November from the year earlier, but fell 8% in Europe, 8.6% in Japan, 7.1% in the Americas and 4.1% in Asia Pacific and all others.