The Semiconductor Industry Association (SIA) has announced that worldwide sales of semiconductors reached USD25.22bn for the month of October 2012, a 1.7% increase from the prior month when sales were USD24.79bn. Monthly sales topped USD25bn for the first time in 2012 and remained above the seasonal growth rate in October. In terms of year-on-year developments, sales were down in almost every region. Europe continued to record the greatest decline with sales down 9.4% at USD2.79bn. Japan also recorded a significant decline as sales fell 9.1% to USD3.53bn. Asia Pacific remained almost flat (-0.4%) at USD14.11bn. However, the Americas actually recorded an increase in sales up 2.6% on October 2011. Total year-to-date sales in 2012 were down 3.7% compared to the same time last year, but the deficit was smaller than it has been all year.