Global semiconductor sales increase by 7%

Image by Dan Williams from Pixabay

According to the Semiconductor Industry Association (SIA), worldwide sales of semiconductors reached $39.4 billion for the month of November 2020, an increase of 7 percent compared to the November 2019 total of $36.9 billion and 1.1 percent more than the October 2020 total of $39 billion. “Global sales of semiconductors continued to rise in November, increasing on a year-to-year basis by the highest percentage since March – said John Neuffer, SIA president and CEO -. Annual sales in 2020 are tracking well ahead of the total from 2019, despite substantial headwinds caused by the pandemic and other macroeconomic factors”. Regionally, sales increased on a year-to-year basis in the Americas (12.5 percent), China (6.5 percent), Asia Pacific/All Other (6.5 percent), and Japan (5.1 percent), but decreased slightly in Europe (-0.7 percent). On a month-to-month basis, sales increased in Japan (5.2 percent), Europe (3.6 percent), the Americas (2.1 percent), and China (0.1 percent), but ticked down in Asia Pacific/All Other (-0.5 percent).