Mar. 6, 2023 /SemiMedia/ -- According to the latest report from the Semiconductor Industry Association (SIA), global semiconductor industry sales totaled $41.3 billion in January 2023, down 5.2% from a total of $43.6 billion in December 2022 and down 18.5% from a total of $50.7 billion in January 2022.

The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $41.3 billion during the month of January 2023, a decrease of 5.2% compared to the December 2022 total of $43.6 billion and 18.5% less than the January 2022 total of $50.7 billion.

SIA: Global semiconductor sales down 5.2% month-to-month in January-SemiMedia

“Despite record-high sales in 2022, the global semiconductor market cooled considerably during the second half of the year, and that trend continued during the first month of 2023,” said John Neuffer, SIA president and CEO. “Despite the current short-term cyclical downturn, the long-term outlook for the semiconductor market remains strong due to the ever-increasing role of chips in powering the critical technologies of today and tomorrow.”

Regionally, month-to-month sales increased slightly in January in Europe (0.6%), but decreased in Japan (-2.1%), Asia Pacific/All Other (-2.7%), the Americas (-7.9%), and China (-8.0%). Year-to-year sales ticked up in Europe (0.9%) and Japan (0.7%), but fell in the Americas (-12.4%), Asia Pacific/All Other (-19.5%), and China (-31.6%).