Global chip sales jump 4.7% in Q2 2023

Compared with Q2 2022, sales have fallen 17.3%.

Global sales for the month of June 2023 were $41.5 billion, an increase of 1.7% compared to the previous month.

European sales edged forward 0.1% month to month, and climbed 7.6% year on year.

“Although global semiconductor sales in 2023 remain behind the totals from last year, revenue ticked up in June for the fourth consecutive month and notched solid quarter-over-quarter increases, providing optimism the market will continue to rebound over the second half of the year,” said John Neuffer, SIA president and CEO.

Regionally, month-to-month sales increased in the Americas (4.2%), China (3.2%), and Japan (0.9%), but fell slightly in Asia Pacific/All Other (-0.5%).

Year-to-year sales were down in Japan (-3.5%), the Americas (-17.9%), Asia Pacific/All Other (-20.4%), and China (-24.4%).

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