Global semiconductor sales up 7.3% y-o-y in July, but growth slowed, says SIA

Global semiconductor sales up 7.3% y-o-y in July, but growth slowed, says SIA
-A +A

KUALA LUMPUR (Sept 7): Global semiconductor industry sales rose 7.3% year-on-year (y-o-y) to US$49 billion in July 2022, from US$45.7 billion, according to the US-based Semiconductor Industry Association (SIA).

In a statement on its website on Tuesday (Sept 6), the SIA however said the figure was 2.3% lower from the June 2022 total of US$50.2 billion.

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

SIA president and CEO John Neuffer said global semiconductor sales remained strong in July, easily topping the total from last July, but market growth has slowed substantially in recent months, with year-to-year sales increases dropping into the single digits for the first time since December 2020.

“Sales into the Americas market increased 20.9% y-o-y to lead all regions,” he said.

The SIA said that in addition to the Americas, year-to-year sales were up in the Europe (15.2%) and Japan (13.1%), and Asia-Pacific/all others (4.1%), but down in China (-1.8%).

Month-to-month sales increased in Europe (2.7%) and Japan (0.6%), but decreased in the Americas (-2.3%), China (-3.5%), and Asia-Pacific/all others (-3.5%).