Apr. 7, 2023 /SemiMedia/ -- According to a report by the Semiconductor Industry Association (SIA). Global semiconductor industry sales totaled $39.7 billion in February 2023, down 4.0% from January's total of $41.3 billion and down 20.7% from last February's total of $50.0 billion.
“Global semiconductor sales continued to slow in February, decreasing year-to-year and month-to-month for the sixth consecutive month,” said John Neuffer, SIA president and CEO. “Short-term market cyclicality and macroeconomic headwinds have led to cooling sales, but the market’s medium- and long-term prospects remain bright, thanks to growing demand across a range of end markets.”
Regionally, year-to-year sales increased slightly in February in Japan (1.2%), but decreased in Europe (-0.9%), the Americas (-14.8%), Asia Pacific/All Other (-22.1%), and China (-34.2%). Month-to-month sales were down across all regions: Europe (-0.3%), Japan (-0.3%), Asia Pacific/All Other (-3.6%), the Americas (-5.3%), and China (-5.9%).
For more information on the report, please visit https://www.semiconductors.org/data-resources/market-data/