SIA


2024-10-07

[News] Global Semiconductor Sales Surge to $53.1 Billion in August, Setting New Monthly Record

Global semiconductor sales surged to $53.1 billion in August, a record for the month, driven by booming demand from the AI wave, according to Semiconductor Industry Association (SIA). This marks a 20.6% year-on-year increase, the highest since April 2022, signaling continued momentum in the semiconductor industry.

Money DJ, citing the Semiconductor Industry Association (SIA), reported that global semiconductor sales in August reached $53.1 billion, up from $44 billion in the same period last year. Data compiled by the World Semiconductor Trade Statistics (WSTS) and published by SIA also showed a 3.5% month-on-month increase from July’s $51.3 billion.

“The global semiconductor market continued to grow substantially in August, hitting its highest-ever sales total for the month of August, and month-to-month sales increased for the fifth consecutive month,” said John Neuffer, SIA president and CEO. “Year-to-year sales increased by the largest percentage since April 2022, driven by a 43.9% year-to-year sales increase into the Americas, and month-to-month sales were up across all regions for the first time since October 2023.”

Regionally, the Americas led the growth in August with a 43.9% year-on-year jump in semiconductor sales, followed by China at 19.2%, the Asia-Pacific and other regions at 17.1%, and Japan at 2%. Europe was the only region to post a decline, down 9%.

On a monthly basis, semiconductor sales increased across all regions. The Americas posted a 7.5% rise, followed by Japan at 2.5%, Europe at 2.4%, China at 1.7%, and the Asia-Pacific and other regions at 1.5%.

Commercial Times reports that WSTS recently raised its global semiconductor sales forecast for 2024 to $611 billion, reflecting a 16% increase from last year, driven by strong demand in computing end markets over the past two quarters. Sales in the Americas and Asia-Pacific are expected to grow significantly this year, with annual increases of 25.1% and 17.5%, respectively. In contrast, Europe is forecast to grow by just 0.5%, while Japan is expected to see a 1.1% decline.

For 2024, WSTS predicts global semiconductor sales will rise further to $687 billion, though growth is expected to slow to 12.5%. All regions, however, are forecast to see positive growth.

(Photo credit: TSMC)

Please note that this article cites information from SIA and Commercial Times.

2024-08-07

[News] SIA Reports China’s June Semiconductor Sales Increase by Over 20% YoY

Driven by AI demand, the Semiconductor Industry Association (SIA) announced on August 5 that global semiconductor sales for the second quarter of this year increased by 18.3% year-over-year and 6.5% quarter-over-quarter, reaching USD 149.9 billion.

SIA data shows that in June 2024, global semiconductor sales increased by 18.3% year-over-year and 1.7% month-over-month, reaching USD 50 billion.

In terms of sales by country or region, in June alone, the U.S. market recorded USD 14.77 billion in sales in June, posting a 42.8% year-over-year increase. Meanwhile, sales in China reached USD 15.09 billion, marking a 21.6% year-over-year increase.

Aside from the U.S. and China, the Asia Pacific and other areas saw sales of USD 12.15 billion in June, marking a 12.7% year-over-year increase. In contrast, Japan experienced a 5% decrease to USD 3.78 billion, and Europe saw an 11.2% decrease to USD 4.18 billion.

Comparing these figures to May, U.S. sales grew by 6.3%, while sales in Japan and China increased by 1.8% and 0.8%, respectively. However, European sales decreased by 1%, and sales in the Asia Pacific and other areas declined by 1.4%.

SIA President and CEO John Neuffer stated that the semiconductor market continued to perform well in the second quarter of 2024. This quarter’s sales have surpassed the record set in the fourth quarter of 2021 after a gap of two and a half years, and have also seen a sequential increase for the first time since the fourth quarter of 2023.

The SIA recently forecasted that global semiconductor sales will grow by 16% in 2024, reaching USD 611.2 billion, and will further increase to USD 687.4 billion next year, continuing to set new historical records. According to the SIA, the primary driver of this growth is the booming development of generative AI, which is boosting overall industry demand.

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(Photo credit: TSMC)

Please note that this article cites information from SIA.

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