Global semiconductor sales increase month-to-month
25 October 2023
News
The Semiconductor Industry Association (SIA) has announced global semiconductor industry sales totalled $44,0 billion during the month of August 2023, an increase of 1,9% compared to the July 2023 total of $43,2 billion, but 6,8% less than last year’s total of $47,2 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organisation 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.
“Global semiconductor sales ticked up on a month-to-month basis for the sixth consecutive month in August, demonstrating a slow-and-steady increase in market demand during the middle of the year,” said John Neuffer, SIA president and CEO. “Global sales were down again in August compared to last year, but the year-to-year decrease was smaller than at any point since October 2022, providing optimism for continued momentum in the months ahead.”
Regionally, month-to-month sales increased in the Americas (4,6%), China (2,0%), and Asia Pacific/All Other (1,2%), but decreased slightly in Japan (-0,4%) and Europe (-1,1%). Year-to-year sales were up in Europe (3,5%) and the Americas (0,3%), but down in Japan (-2,9%), Asia Pacific/All Other (-11,3%), and China (-12,6%).
Further reading:
Electronic News Digest
News
A brief synopsis of current global news relating to the electronic engineering fields with regards to company finances, general company news, and engineering technologies.
Read more...
4000 A containerised DB for power project
News
Power Process Systems has successfully completed the design, fabrication, and commissioning of a 4000 A containerised distribution board for a wind/PV solar hybrid renewable energy project.
Read more...
Datacentrix Industrial Indaba 2025
News
Datacentrix recently hosted its inaugural Industrial Indaba 2025, where industry leaders explored how digitalisation, resilience, security and compliance are shaping the future of sustainable industrial operations in Africa.
Read more...
RS brings solar light to 150 000 people
RS South Africa
News
The company’s three-year partnership with SolarAid aims to raise £1 million through corporate donations, matched funding, product contributions, and fundraising to accelerate access to safe, sustainable energy.
Read more...
Microchip and AVIVA Links collaboration
Altron Arrow
News
Microchip and AVIVA Links have achieved groundbreaking ASA-ML interoperability, accelerating the shift to open standards for automotive connectivity.
Read more...
World’s leading supplier of grid automation products
News
Hitachi Energy was recognised as the global market share leader in grid automation for electric power transmission and distribution utilities by ARC Advisory Group.
Read more...
Vivashan Muthan appointed as head of export sales and operations at RS South Africa
RS South Africa
News
With a career spanning engineering, business development, and sales leadership across sub-Saharan Africa, Vivashan Muthan brings a wealth of expertise to his new role as head of export sales and operations.
Read more...
Google equips university students across Africa with free access to advanced AI tools
News
A 12-month Google AI Pro plan has been launched for students in Ghana, Kenya, Nigeria, Rwanda, South Africa, and Zimbabwe to build foundational AI skills.
Read more...
Africa’s space economy projected to be worth $22,6 billion in 2026
News
South Africa is gearing up to be at the forefront of the growth in the space industry, creating thousands of jobs, driving innovation, and boosting the national economy.
Read more...
Distribution partnership with MacDermid Alpha
Testerion
News
MacDermid Alpha Electronics Solutions India Private Limited has announced that as of 01 September 2025 Testerion will be the sole importer and distributor of their products to the South African market.
Read more...
printer friendly version