Global Semiconductor Sales Increase 5.8 Per Cent Year-to-Year in May 2020: SIA

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  • Regionally, sales increased slightly on a month-to-month basis in China (5.8 per cent), Japan (2.8 per cent), and the Americas (1.9 per cent)
  • Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average

The worldwide sales of semiconductors were $35 billion in May 2020 as per the Semiconductor Industry Association (SIA). It went up 5.8 percent from the May 2019 total and 1.5 per cent more than the April 2020 total of $34.4 billion.

Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average. A newly released WSTS industry forecast projects annual global sales will increase 3.3 percent in 2020 and 6.2 percent in 2021. SIA represents 95 per cent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.

John Neuffer, SIA president and CEO said that the global semiconductor market in May remained largely resistant to the widespread economic disruptions caused by the COVID-19 pandemic. He added that there is still significant uncertainty for the months ahead. The latest industry forecast projects modest annual growth for 2020, followed by more substantial sales increases in 2021 as per him.

Industry’s worldwide sales will be $426.0 billion in 2020

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Regionally, sales increased slightly on a month-to-month basis in China (5.8 per cent), Japan (2.8 per cent), and the Americas (1.9 per cent). It decreased in Asia Pacific/All Other (-1.7 per cent) and Europe (-6.5 percent). It said that on a year-to-year basis, sales increased significantly in the Americas (25.5 per cent) and modestly in China (4.9 percent), Asia Pacific/All Other (2.5 per cent), and Japan (1.5 per cent), but decreased in Europe (-12.9 per cent).

SIA has endorsed the WSTS Spring 2020 forecast. It projects the industry’s worldwide sales will be $426.0 billion in 2020. The WSTS projects year-to-year increases in the Americas (12.8 per cent) and Asia Pacific (2.6 per cent). It projects year-to-year for sales into Europe (-4.1 per cent) and Japan (-4.4 per cent).

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