Global semiconductor sales increase 1.9% MoM in August
August increase marks the sixth consecutive month of month-to-month market growth, however, worldwide chip sales are still down 6.8% year-to-year
Global semiconductor industry sales totalled USD 44.0 billion during August 2023, an increase of 1.9% compared to the July 2023 total of USD 43.2 billion but 6.8% less than the August 2022 total of USD 47.2 billion, reports the Semiconductor Industry Association (SIA).
“Global semiconductor sales ticked up on a month-to-month basis for the sixth consecutive month in August, demonstrating a slow-and-steady increase in market demand during the middle of the year,” said John Neuffer, SIA president and CEO, in a press release. “Global sales were down again in August compared to last year, but the year-to-year decrease was smaller than at any point since October 2022, providing optimism for continued momentum in the months ahead.”
Regionally, month-to-month sales increased in the Americas (4.6%), China (2.0%), and Asia Pacific/All Other (1.2%), but decreased slightly in Japan (-0.4%) and Europe (-1.1%). Year-to-year sales were up in Europe (3.5%) and the Americas (0.3%), but down in Japan (-2.9%), Asia Pacific/All Other (-11.3%), and China (-12.6%).
During Evertiq Expo Sophia Antipolis on 8 February 2024, Semiconductor industry and market expert Georg Steinberger will host a presentation aptly named "From Crystal Ball to Glass Pipeline – Market Outlook and Supply Chain Challenges".
After the shortage comes consolidation: The electronic component market has seen some dynamic growth over the last two years and the beginning of a consolidation in the computer & communication market. Automotive and Industrial are later in the cycle, and Europe has benefitted quite a lot. The near-term outlook – macroeconomically and within the industry is rather modest, and all of this amidst growing geopolitical tension: How will that influence the overall market development, how will new technologies disrupt the industry what does this mean for a thorough supply chain planning? The future supply chain will get more complicated and will need more digital tools to create a quasi-global transparency in both product information, availability alerts and transactional processes.
During the presentation, Georg Steinberger will highlight various ways to improve transparency in the supply chain through a collaborative approach across company boundaries.
