[News] Japan’s Semiconductor Equipment Sales Boom, Hit Record High for January-August This Year

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According to a Money DJ report, Japan’s semiconductor manufacturing equipment sales continued to surge, with August sales jumping 20%, marking five consecutive months of double-digit growth and reaching the fifth-highest level on record. Sales for the January-August period hit an all-time high.

Citing data from the Semiconductor Equipment Association of Japan (SEAJ) released on the 25th, Money DJ reported that Japan’s chip equipment sales in August 2024 (three-month moving average, including exports) reached ¥351.06 billion, a 22% year-on-year increase. This marks the eighth consecutive month of growth and the fifth straight month of double-digit gains. Monthly sales surpassed ¥300 billion for the tenth consecutive month, the fifth-highest since records began in 1986.

The top four figures were ¥400.9 billion in May 2024, ¥389.1 billion in April 2024, ¥380.9 billion in September 2022, and ¥365.6 billion in March 2024.

For the January-August 2024 period, Japan’s chip equipment sales totaled ¥2.831 trillion, up 17.3% year-on-year, surpassing the ¥2.482 trillion recorded in 2022 and setting a new historical high.

Japan’s global market share in semiconductor equipment sales stands at 30%, second only to the U.S.

(Photo credit: TEL)