Global semiconductor sales increased 11% in the third quarter

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Image by Cristian Ibarra from Pixabay

The Semiconductor Industry Association (SIA) announced worldwide sales of semiconductors totaled $113.6 billion during the third quarter of 2020, an increase of 11 percent over the previous quarter and 5.8 percent more than the third quarter of 2019. Global sales for the month of September 2020 were $37.9 billion, 5.8 percent more than sales from September 2019. “The global semiconductor industry posted solid sales in the third quarter of 2020, reflecting normal seasonal trends and increased demand for semiconductor-enabled products, but significant market uncertainty remains due to the pandemic and other macroeconomic factors – said John Neuffer, SIA president and CEO -. Sales into the Americas remained strong in September, increasing by more than 20 percent year-to-year, and sales increased on a month-to-month basis across all major regional markets”. Regionally, sales increased on a month-to-month basis in China (7.9 percent), Asia Pacific/Al Other (3.3 percent), Europe (3.3. percent), the Americas (2.2 percent), and Japan (1.5 percent). On a year-to-year basis, sales increased in the Americas (20.1 percent), China (6.5 percent), and Asia Pacific/All Other (2.9 percent), but decreased in Japan (-1.8 percent) and Europe (-9.8 percent).

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