Global semiconductors sales of $134.7 billion in 3rd Q 2023, up 6.3% Q-o-Q
Date: 07/11/2023
Semiconductor Industry Association (SIA) reported global sales of semiconductors totaled $134.7 billion during the third quarter of 2023, up by 6.3% compared to the second quarter of 2023 and down 4.5% compared to the third quarter of 2022. SIA also said the global semiconductor sales for the month of September 2023 increased 1.9% compared to August 2023 and fell 4.5% compared to September 2022.
“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,” said John Neuffer, SIA president and CEO. “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.”
Regionally, month-to-month sales increased in Asia Pacific/All Other (3.4%), Europe (3.0%), the Americas (2.4%), and China (0.5%), but decreased slightly in Japan (-0.2%). Year-to-year sales increased in Europe (6.7%), but decreased in the Americas (-2.0%), Japan (-3.6%), Asia Pacific/All Other (-5.6%) and China (-9.4%).
Image Source: SIA
Image Source: SIA
