11 Jul 2023 -
 General

Global semiconductor sales up 1.7% month-on-month in May

electronic components

Global semiconductor industry sales totaled $40.7 billion in May 2023, up 1.7% from the $40.0 billion total in April 2023, but still 21.1% down compared to May 2022, reports the Semiconductor Industry Association (SIA).

“Despite continuing market sluggishness compared to 2022, month-to-month global semiconductor sales inched upward in May for the third consecutive month, sparking optimism for a possible market rebound during the second half of the year,” said John Neuffer, SIA president and CEO.

Regionally, month-to-month sales increased modestly across all regions: China (3.9%), Europe (2.0%), Asia Pacific/All Other (1.3%), Japan (0.4%), and the Americas (0.1%). Year-to-year sales were up in Europe (5.9%), but down in Japan (-5.5%), the Americas (-22.6%), Asia Pacific/All Other (-23.0%), and China (-29.5%).

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

14 Jun 2024 - Defence

Webinars for Defence, Military, and Aerospace Engineers 

Read more

12 Jun 2024 - General

Electronics industry surges forward into 2025

Read more

07 Jun 2024 - General

Nvidia’s dominates – for now. A look at alternatives.

Read more

06 Jun 2024 - General

The CHIPS Act’s $39 billion challenge: building Fabs is easy, finding talent is not

Read more

05 Jun 2024 - Defence

New Events Series for Defence, Military, and Aerospace Engineers 

Read more

04 Jun 2024 - General

What is Taiwan’s Silicon Shield, and is it so tough?

Read more