Global Semiconductor Sales Increase 18.7% Year-to-Year in July
September 3, 2024 | SIAEstimated reading time: Less than a minute
The Semiconductor Industry Association (SIA) announced global semiconductor industry sales hit $51.3 billion during the month of July 2024, an increase of 18.7% compared to the July 2023 total of $43.2 billion and 2.7% more than the June 2024 total of $50.0 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
“The global semiconductor market continued to grow substantially on a year-to-year basis in July, and month-to-month sales increased for the fourth consecutive month,” said John Neuffer, SIA president and CEO. “The Americas market experienced particularly strong growth in July, with a year-to-year sales increase of 40.1%.”
Regionally, year-to-year sales were up in the Americas (40.1%), China (19.5%), and Asia Pacific/All Other (16.7%), but down in Japan (-0.8%) and Europe (-12.0%). Month-to-month sales in May increased in the Americas (4.3%), Asia Pacific/All Other (3.9%), Japan (3.3%), and China (0.9%), but decreased in Europe (-0.5%).
Suggested Items
North American PCB Industry Sales Down 21.2 Percent in July
08/26/2024 | IPCIPC announced the July 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.99.
North American EMS Industry Up 1.9% in July IPC releases EMS industry results for July 2024
08/26/2024 | IPCIPC announced the July 2024 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.21.
Eltek Reports Q2 2024 Financial Results
08/16/2024 | PRNewswireEltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended June 30, 2024.
Compal Electronics Reports July 2024 Revenue
08/12/2024 | Compal Electronics Inc.Compal Electronics announced its consolidated revenue for July 2024. The company reported NT$76.44 billion (USD $2.54 billion) in revenue, representing a 7.5% decrease month-over-month (MoM) and a 9.9% decrease year-over-year (YoY).
Global Semiconductor Sales Increase 18.3% in Q2 2024 Compared to Q2 2023
08/06/2024 | SEMIThe Semiconductor Industry Association (SIA) announced global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024, an increase of 18.3% compared to the second quarter of 2023 and 6.5% more than the first quarter of 2024.