Global semicon sales up 5% y-o-y in February to US$34.5b, says SIA

Global sales of semiconductors rose 5% year-on-year in February to US$34.5 billion from US$32.9 billion previously, according to the U.S.-based Semiconductor Industry Association (SIA).

In a statement on its website April 3, SIA said sales dipped 2.4% month-on-month from US$35.4 billion in January.

All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

SIApresident and CEO John Neuffer said global semiconductor sales in February were solid overall, outpacing sales from last February, but month-to-month demand in the China market slipped significantly and the full impact of the COVID-19 pandemic on the global market has yet to be captured in available sales numbers.

“Semiconductors underpin our economy, infrastructure, and national security, and they are at the heart of many advanced technologies being used to find treatments, care for patients, and help people work and study from home,” he said.

SIA said regionally, month-to-month sales increased in Japan (6.9%) and Europe (2.4%), but decreased in Asia Pacific/All Other (-1.2%), the Americas (-1.4%), and China (-7.5%).

It said sales increased year-to-year in the Americas (14.2%), Japan (7.0%), and China (5.5%), but were down in Asia Pacific/All Other (-0.1%) and Europe (-1.8%).

Source: The Edge Markets