The Semiconductor Industry Association reported that global semiconductor sales in February amounted to $36 billion 770 million, which is 10.6% less than a year earlier. The Association has noted a drop in sales for two months in a row, which happens after record levels in the previous three years. Compared to the previous month, the decline in microprocessor sales for the year was 7.3%. A decrease was observed in all major product categories and in all major regional markets. The largest decline in the year - by 22.9% was recorded in the North and South America region. The decline in China was by 8.5%. In Europe, sales fell by 3%, in Japan - by 5.9%.
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...