November semiconductor sales of $48 billion were up 5.3% compared with the $45.6 billion of November 2022 and 2.9% up on the October 2022 total of $46.6 billion, says the SIA.
“Global semiconductor sales increased on a year-to-year basis in November for the first time since August 2022, an indication that the global chip market is continuing to gain strength as we enter the new year,” says SIA CEO John Neuffer, “looking ahead, the global semiconductor market is projected to experience double-digit growth in 2024.”
Regionally, year-to-year sales were up in: China (7.6%), Asia Pacific/All other (7.1%), Europe (5.6%), and the Americas (3.5%), but down in Europe (-2.8%).
Month-to-month sales increased in: China (4.4%), the Americas (3.9%), and Asia Pacific/All Other (3.5%), but decreased in Japan (-0.7%) and Europe (-2.0%).
Stay up to date with the latest in industry offers by subscribing us. Our newsletter is your key to receiving expert tips.
The US has initiated a Section 301 investigation into China's mature semiconductor processes and third-generation silicon carbide (SiC) semiconductors. Supply chain operators state that the increa
In 2025, we expect 9.5% growth in the global semiconductor market, driven by robust demand for data centre services, including AI. However, growth in other, more mature segments is expected to be stag
Taiwanese chip manufacturer TSMC has announced a $100 billion investment in the United States, aiming to build five additional semiconductor facilities.The plan was revealed by TSMC CEO C.C. Wei along