The Strategist

Global chip sales down 6.8 per cent year-on-year in August

10/09/2023 - 03:19

The Semiconductor Industry Association (SIA) said that global semiconductor sales in August fell 6.8% to $44 billion from $47.2 billion in the corresponding month previous year.

Lenharth Systems
Lenharth Systems
Shipments were up 1.9% in comparison to July.

"Global semiconductor sales in August grew for the sixth consecutive month on a month-over-month basis, demonstrating a slow but steady increase in market demand," John Neuffer, president and CEO of SIA, stated. He noted that "the year-over-year decline in shipments was the smallest since October 2022, and that is encouraging."

Microprocessor sales increased 0.3% in the Americas and 3.5% in Europe in August compared to the same month a year earlier. At the same time, they declined by 2.9% in Japan, 12.6% in China, and 11.3% throughout the Asia-Pacific and other regions.

Chip sales relative to July rose in the Americas by 4.6%, in China by 2%, and in APAC by 1.2%. In the meantime, the indicator fell by 0.4% in Japan and 1.1% in Europe.