18 Jul 2022 -

Semiconductor sales in Europe up 22% to $3.777 billion

Semiconductor sales in Europe reached $3.777 billion in May 2022, up 20.4% compared to the same period last year, according to a recent report released by the European Semiconductor Industry Association (ESIA).

The report pointed out that in May 2022, global semiconductor sales were $51.819 billion, an increase of 20% year-to-date. On a month-on-month basis, global sales rose 1.8% from April.

The main drivers of European sales in May compared to April were optoelectronics (up 3.9% month-on-month), logic chips (up 1.8%) and application-specific semiconductors (up 0.5%).

In terms of global sales of application-specific semiconductors, there has been steady growth in all end-use areas such as wireline communications, consumer and computing.

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

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