SIA: global semiconductor sales decreased in November

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Image by Tom from Pixabay

According to the Semiconductor Industry Association (SIA), global semiconductor industry sales were $45.5 billion during the month of November 2022, a decrease of 2.9% compared to the October 2022 total of $46.9 billion and 9.2% less than the November 2021 total of $50.0 billion. “Global semiconductor sales decreased in November, largely due to market cyclicality and macroeconomic headwinds – said John Neuffer, SIA president and CEO –. Sales into the Americas were up compared to November 2021, while sales into China decreased sharply on a year-to-year basis”. Regionally, year-to-year sales increased in November in the Americas (5.2%), Europe (4.5%), and Japan (1.2%), but decreased in Asia Pacific/All Other (-13.9%) and China (-21.2%). Month-to-month sales were down across all regions: Europe (-1.0%), Japan (-1.2%), the Americas (-1.4%), Asia Pacific/All Other (-3.0%), and China (-5.3%). Additionally, a recent World Semiconductor Trade Statistics Organization (WSTS) industry forecast – endorsed by SIA – projects annual global sales will decrease 4.1% this year. In 2023, global sales are projected to reach $556.5 billion. WSTS tabulates its semi-annual industry forecast by gathering input from an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.