Global semicon sales up 5.8% in 2Q20 to US$113.6b, market uncertainty remains, says SIA
02 Nov 2020
Although global semiconductor sales rose 5.8% in the third quarter of 2020 to US$113.60 billion, significant market uncertainty remain, according to the US-based Semiconductor Industry Association (SIA).
In a statement on its website Oct 30, SIA said sales rose 11% quarter-on-quarter.
It said global sales for the month of September 2020 were US$37.9 billion, an increase of 4.5% over the August total and 5.8% more than sales from September 2019.
All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 95% of the US semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
SIA president and CEO John Neuffer said the global semiconductor industry posted solid sales in the third quarter of 2020, reflecting normal seasonal trends and increased demand for semiconductor-enabled products, but significant market uncertainty remains due to the pandemic and other macroeconomic factors.
“Sales into the Americas remained strong in September, increasing by more than 20% year-to-year, and sales increased on a month-on-month basis across all major regional markets.”
SIA said that regionally, sales increased on a month-to-month basis in China (7.9%), Asia-Pacific/all others (3.3%), Europe (3.3%), the Americas (2.2%), and Japan (1.5%).
It said on a year-on-year basis, sales increased in the Americas (20.1%), China (6.5%), and Asia-Pacific/all others (2.9%), but decreased in Japan (-1.8%) and Europe (-9.8%).
Source: The Edge Markets