Global Chip Sales Up 19.3% YoY in May – Eetasia.com
Home » Semiconductor »
Global semiconductor industry sales hit $49.1 billion in May 2024, up by 19.3% year-on-year, according to SIA.
Global semiconductor industry sales hit $49.1 billion in May 2024, up by 19.3% compared to the May 2023 total of $41.2 billion, and an increase of 4.1% compared to the previous month’s $47.2 billion, according to the Semiconductor Industry Association (SIA).
Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
“The global semiconductor market has grown on a year-to-year basis during each month of 2024, and year-to-year sales in May increased by the largest percentage since April 2022. The Americas market experienced particularly strong growth, with a year-to-year sales increase of 43.6%,” said John Neuffer, SIA president and CEO.
【Win $20 Amazon Gift Card】e-Mobility Vision for Efficiency: On-board Charger 
Regionally, year-to-year sales were up in the Americas (43.6%), China (24.2%), and Asia Pacific/All Other (13.8%), but down in Japan (-5.8%) and Europe (-9.6%).
Month-to-month sales in May increased in the Americas (6.5%), China (5.0%), Asia Pacific/All Other (3.0%), and Japan (1.6%), but decreased in Europe (-1.0%).
You must Register or Login to post a comment.