The Sales of Semiconductor Increased by 0.1% Globally

by IS_Indust
Semiconductor

Sales of Semiconductor Increased

The Semiconductor Industry Association (SIA) announced today that global semiconductor industry sales were $47.4 billion in August 2022, a 0.1% increase over the August 2021 total of $47.3 billion but a 3.4% decrease from the July 2022 total of $49.0 billion.

Every month sales are compiled by the (WSTS) organization and represent a three-month moving average for top  companies. SIA accounts for 99% of the US industry and nearly two-thirds of non-US chip firms in terms of revenue.

John Neuffer, SIA president and CEO said, “Global  sales growth has stalled in recent months, and month-to-month sales decreased in August by the largest percentage since February 2019.” He further added, “Sales into Europe paced all regional markets, while sales into China saw the sharpest declines.”

WSTS organization compiles monthly sales, which represent a three-month moving average. By revenue, SIA represents 99% of the US industry and nearly two-thirds of non-US chip firms.

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