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%).

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