The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design and research, announced worldwide sales of semiconductors reached $107.9 billion for Q3/17, marking the industry’s highest-ever quarterly sales and an increase of 10.2% compared to the previous quarter.

Sales for the month of September 2017 were $36.0 billion, an increase of 22.2% over the September 2016 total of $29.4 billion and 2.8% more than the previous month’s total of $35.0 billion. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

“Global semiconductor sales increased sharply year-to-year in September, and year-to-date sales through September are more than 20% higher than at the same point last year,” said John Neuffer, SIA president and CEO. “The industry posted its highest-ever quarterly sales in Q3, and the global market is poised to reach its highest-ever annual revenue in 2017.”

Regionally, year-to-year and month-to-month sales increased in September across all markets: the Americas (40.7% year-to-year/5.9% month-to-month), China (19.9%/2.5%), Europe (19.0%/1.8%), Asia Pacific/All other (16.8%/1.9%) and Japan (11.9%/0.5%).

“The Americas market continued to stand out, notching its largest year-to-year sales increase in more than seven years,” Neuffer said. “Standouts among semiconductor product categories included memory products like DRAM and NAND flash, both of which posted major year-to-year growth in September, as well as logic products, which enjoyed double-digit growth year-to-year.”

The SIA is the voice of the U.S. semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2016, U.S. semiconductor company sales totaled $164 billion, and semiconductors make the global trillion-dollar electronics industry possible.

SIA seeks to strengthen U.S. leadership of semiconductor manufacturing, design and research by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition.

World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.