Global chip sales slip 4% in February
February global semiconductor sales of $39.7 billion fell 4.0 per cent from $ 41.3 billion in January this year, reports the Semiconductor Industry Association.
Sales plummeted 20.7 per cent compared to February 2022.
“Global semiconductor sales continued to slow in February, decreasing year-to-year and month-to-month for the sixth consecutive month,” said John Neuffer, SIA president and CEO. “Short-term market cyclicality and macroeconomic headwinds have led to cooling sales, but the market’s medium- and long-term prospects remain bright, thanks to growing demand across a range of end markets.”
Regionally, year-to-year sales increased slightly in February in Japan (1.2%), but decreased in Europe (-0.9%), the Americas (-14.8%), Asia Pacific/All Other (-22.1%), and China (-34.2%). Month-to-month sales were down across all regions: Europe (-0.3%), Japan (-0.3%), Asia Pacific/All Other (-3.6%), the Americas (-5.3%), and China (-5.9%).
Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization 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.
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