KUALA LUMPUR (July 6): Global semiconductor industry sales rose 18% year-on-year in May 2022 to US$51.8 billion from US$43.9 billion a year earlier.

In a statement on its website on Tuesday (July 5), the US-based Semiconductor Industry Association (SIA) said the figure was 1.8% higher than the April 2022 total of US$50.9 billion.

Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

SIA president and CEO John Neuffer said global demand for semiconductors remained high in May, with year-to-year sales increasing strongly across all major regional markets and product categories.

“Continuing high demand for semiconductors will necessitate more chip research, design, and manufacturing in the years ahead.

“We urge leaders in Washington to swiftly enact bipartisan innovation and competitiveness legislation that ensures a large share of this chip production and innovation occurs on US soil. The clock is ticking,” he said.

SIA said sales were up compared to April 2021 in the Americas (36.9%), Japan (19.8%), Europe (16.1%), Asia-Pacific/all others (15.8%), and China (9.1%).

It said month-to-month sales increased in Japan (3.9%), the Americas (2.9%), China (1.7%), and Asia-Pacific/all others (1.1%), but fell slightly in Europe (-0.7%).