October 6, 2023 /SemiMedia/ -- According to the latest report from The Semiconductor Industry Association (SIA), global semiconductor industry sales totaled US$44 billion in August 2023, an increase of 1.9% from the US$43.2 billion total in July 2023, but a 6.8% decrease from the $47.2 billion total in August 2022.

Global semiconductor sales up 1.9% month-to-month in August-SemiMedia

“Global semiconductor sales ticked up on a month-to-month basis for the sixth consecutive month in August, demonstrating a slow-and-steady increase in market demand during the middle of the year,” said John Neuffer, SIA president and CEO. “Global sales were down again in August compared to last year, but the year-to-year decrease was smaller than at any point since October 2022, providing optimism for continued momentum in the months ahead.”

Regionally, month-to-month sales increased in the Americas (4.6%), China (2.0%), and Asia Pacific/All Other (1.2%), but decreased slightly in Japan (-0.4%) and Europe (-1.1%). Year-to-year sales were up in Europe (3.5%) and the Americas (0.3%), but down in Japan (-2.9%), Asia Pacific/All Other (-11.3%), and China (-12.6%).

For more information on the report or to purchase, please visit https://www.semiconductors.org/data-resources/market-data/.