Global Semiconductor Sales Drop 4.5% to $135 bn in Third Quarter: SIA

The Semiconductor Industry Association (SIA) has reported that global semiconductor sales for the month of September 2023 demonstrated remarkable resilience, showing a 1.9 percent increase compared to August 2023.
BE SemiconductorHowever, when compared to the same month in 2022, sales fell by 4.5 percent. These statistics were released by the SIA and compiled by the World Semiconductor Trade Statistics (WSTS) organization, representing a three-month moving average.

During the third quarter of 2023, worldwide semiconductor sales reached a total of $134.7 billion, marking an impressive 6.3 percent increase compared to the second quarter of the same year, the report said.

Nonetheless, these figures were down 4.5 percent when compared to the third quarter of 2022. The SIA, which represents a significant portion of the U.S. semiconductor industry by revenue and a substantial share of non-U.S. chip firms, remains cautiously optimistic about the industry’s prospects.

John Neuffer, President and CEO of the SIA, commented on the findings, “Global semiconductor sales increased on a month-to-month basis for the seventh consecutive time in September, reinforcing the positive momentum the chip market has experienced during the middle part of this year. The long-term outlook for semiconductor demand remains strong, with chips enabling countless products the world depends on and giving rise to new, transformative technologies of the future.”

The regional breakdown of the data shows that month-to-month sales increased in Asia Pacific/All Other (3.4 percent), Europe (3.0 percent), the Americas (2.4 percent), and China (0.5 percent), although there was a slight decrease in Japan (-0.2 percent). Year-to-year sales increased in Europe (6.7 percent), while the Americas (-2.0 percent), Japan (-3.6 percent), Asia Pacific/All Other (-5.6 percent), and China (-9.4 percent) experienced declines.

These statistics reflect the complex dynamics at play in the semiconductor industry, influenced by factors such as global demand, supply chain disruptions, and geopolitical tensions. While challenges persist, the semiconductor industry remains a cornerstone of the technological landscape, powering a wide array of products and innovations with promising prospects for the future.

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