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Global Semiconductor Sales Increase 19.3%
Year-to-Year in May
The Semiconductor Industry
Association (SIA) announced
global semiconductor
industry sales hit $49.1
billion during the month
of May 2024, an increase
of 19.3% compared to the
May 2023 total of $41.2
billion and an increase of
4.1% compared to the April
2024 total of $47.2 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 twothirds of non-U.S. chip firms.
“The global semiconductor market has grown on
a year-to-year basis during
each month of 2024, and
May 2024 (Billions)
MONTH-TO-MONTH SALES
MARKET
LAST MONTH
CURRENT MONTH
% CHANGE
Americas
13.11
13.96
6.5%
Europe
4.29
4.25
-1.0%
Japan
3.64
3.69
1.6%
China
14.20
14.91
5.0%
Asia Pacific/All Other
11.97
12.33
3.0%
Total
47.21
49.15
4.1%
LAST YEAR
CURRENT MONTH
% CHANGE
Americas
9.73
13.96
43.6%
Europe
4.70
4.25
-9.6%
YEAR-TO-YEAR SALES
MARKET
Japan
3.92
3.69
-5.8%
China
12.00
14.91
24.2%
Asia Pacific/All Other
10.84
12.33
13.8%
Total
41.18
49.15
19.3%
THREE-MONTH-MOVING AVERAGE SALES
MARKET
DEC/JAN/FEB
MAR/APR/MAY
% CHANGE
Americas
12.57
13.96
11.1%
Europe
4.36
4.25
-2.6%
Japan
3.60
3.69
2.6%
5.3%
China
14.16
14.91
Asia Pacific/All Other
12.14
12.33
1.6%
Total
46.83
49.15
4.9%
year-to-year sales in May increased
by the largest percentage since April
2022,” said John Neuffer, SIA president and CEO. “The Americas market
experienced particularly strong
growth, with a year-to-year sales
increase of 43.6%.
Regionally, year-to-year sales
were up in the Americas (43.6%),
China (24.2%), and Asia Pacific/All
Other (13.8%), but down in Japan
(-5.8%) and Europe (-9.6%). Monthto-month sales in May increased in
the Americas (6.5%), China (5.0%),
Asia Pacific/All Other (3.0%), and
Japan (1.6%), but decreased in Europe
(-1.0%).
www.semiconductordigest.com
Wednesday, July 10 | 17
