SIA: Global semiconductor revenues down by 2.3% in July 2022

U.S.-based semiconductor industry Association (SIA) reported global semiconductor revenue of $49.0 billion in the month of July 2022, down by 2.3% compared to month of June 2022, and up by 7.3% compared to July 2021 revenues of $45.7 billion. SIA works closely with World Semiconductor Trade Statistics (WSTS) organization, where it says it represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. John Neuffer, SIA president and CEO said “Global semiconductor sales remained strong in July, easily topping the total from last July, but market growth has slowed substantially in recent months, with year-to-year sales increases dropping into the single digits for the first time since December 2020. Sales into the Americas market increased 20.9% year-to-year to lead all regions.” SIA also reports growth in different continents and regions of the world, where it finds: In addition to the Americas, year-to-year sales were up in the Europe (15.2%) and Japan (13.1%), and Asia Pacific/All Other (4.1%), but down in China (-1.8%). Month-to-month sales increased in Europe (2.7%) and Japan (0.6%), but decreased in the Americas (-2.3%), China (-3.5%), and Asia Pacific/All Other (-3.5%)....