May. 3, 2023 /SemiMedia/ -- According to the Semiconductor Industry Association (SIA), global semiconductor sales totaled $119.5 billion in the first quarter of 2023, down 8.7% from the fourth quarter of 2022 and down 21.3% from the first quarter of 2022. Sales in March 2023 increased by 0.3% compared to February 2022.
“Semiconductor sales continued to slip during the first quarter of 2023 due to market cyclicality and macroeconomic headwinds, but month-to-month sales were up in March for the first time in nearly a year, providing optimism for a rebound in the months ahead,” said John Neuffer, SIA president and CEO.
Regionally, month-to-month sales increased in Europe (2.7%), Asia Pacific/All Other (2.6%), and China (1.2%), but decreased in Japan (-1.1%) and the Americas (-3.5%). Year-to-year sales decreased across all regions: Europe (-0.7%), Japan (-1.3%), the Americas (-16.4%), Asia Pacific/All Other (-22.2%), and China (-34.1%).
For more information no the report, please visit https://www.semiconductors.org/data-resources/market-data/