SMT Perspectives and Prospects: Artificial Intelligence, Part 4—Prompt Engineering
The Knowledge Base: My 2025 Industry Wish List
Global Sourcing Spotlight: The Surprising World of Offshore B2B Industrial Values
Global Semiconductor Sales Increase 23.2% in Q3 2024 YoY; QoQ Sales Up 10.7%
November 6, 2024 | SIAEstimated reading time: Less than a minute
The Semiconductor Industry Association (SIA) today announced global semiconductor sales were $166.0 billion for the third quarter of 2024, an increase of 23.2% compared to the third quarter of 2023 and 10.7% more than the second quarter of 2024. Global sales were $55.3 billion during the month of September 2024, an increase of 4.1% compared to the August 2024 total of $53.1 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 during the third quarter of 2024, with quarter-to-quarter sales increasing at the largest rate since 2016,” said SIA President and CEO John Neuffer. “Sales in September reached the market’s highest-ever monthly total, driven by a 46.3% year-to-year increase in the Americas.”
Regionally, year-to-year sales in September were up in the Americas (46.3%), China (22.9%), Asia Pacific/All Other (18.4%), and Japan (7.7%), but down in Europe (-8.2%). Month-to-month sales in September increased in Japan (5.3%), Asia Pacific/All Other (4.5%), the Americas (4.1%), Europe (4.0%), and China (3.6%).
Share on:
Suggested Items
KYOCERA AVX Releases Two New Series of Small, High-Power, Thin-Film Band-Pass Filters
01/23/2025 | PRNewswireKYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, released two new series of compact, thin-film band-pass filters engineered to deliver excellent RF performance in a wide range of high-power applications with crowded PCBs.
Amphenol Reports Record Q4 and Full Year 2024 Results
01/23/2025 | Amphenol CorporationSales of $4.3 billion, up 30% in U.S. dollars and 20% organically compared to the fourth quarter of 2023
Gartner Forecasts Worldwide IT Spending to Grow 9.8% in 2025
01/23/2025 | Gartner, Inc.Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner, Inc.
FTG Selected by De Havilland Canada to supply Cockpit Assemblies for the New DHC-515 Firefighting Aircraft
01/23/2025 | Firan Technology Group CorporationFiran Technology Group Corporation (FTG) announced that De Havilland Aircraft of Canada Ltd. has selected FTG to provide updated cockpit control assemblies for the new De Havilland Canadair 515 (DHC-515) aerial firefighting aircraft.
Fueling the Workforce Pipeline: January PCB007 Magazine
01/22/2025 | I-Connect007 Editorial TeamWorkforce is a topic of conversation in manufacturing businesses that occurs nearly as often today as discussing quality and reliability. In this issue of PCB007 Magazine, we look at fueling the workforce pipeline, specifically at the early introduction of manufacturing to young people. It’s a unique, somewhat unconventional, and long-term perspective aimed at filling the skilled labor gap.