SIA: global semiconductor sales resist

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Image by analogicus from Pixabay

As reported by the Semiconductor Industry Association (SIA), worldwide sales of semiconductors were $35 billion in May 2020, an increase of 5.8 percent from the May 2019 total of $33 billion and 1.5 percent more than the April 2020 total of $34.4 billion. “The global semiconductor market in May remained largely resistant to the widespread economic disruptions caused by the Covid-19 pandemic, but there is still significant uncertainty for the months ahead – said John Neuffer, SIA president and CEO -. The latest industry forecast projects modest annual growth for 2020, followed by more substantial sales increases in 2021”. Regionally, sales increased slightly on a month-to-month basis in China (5.8 percent), Japan (2.8 percent), and the Americas (1.9 percent), but decreased in Asia Pacific/All Other (-1.7 percent) and Europe (-6.5 percent). On a year-to-year basis, sales increased significantly in the Americas (25.5 percent) and more modestly in China (4.9 percent), Asia Pacific/All Other (2.5 percent), and Japan (1.5 percent), but decreased in Europe (-12.9 percent).

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