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Global semicon sales up 6.9% y-o-y in 1Q2020 to US$104.6b, SIA says

Global semicon sales up 6.9% y-o-y in 1Q2020 to US$104.6b, SIA says

05 May 2020

Global sales of semiconductors rose 6.9% year-on-year in the first quarter of 2020 to US$104.6 billion, said the U.S.-based Semiconductor Industry Association (SIA).

In a statement May 4 on its website, SIA said the figure was 3.6% lower quarter-on-quarter, in line with typical seasonal trends.

SIA said global sales for the month of March 2020 were US$34.9 billion, an increase of 0.9% compared to the previous month’s total and 6.9% more than sales from March 2019.

Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average.

SIA president and CEO John Neuffer said first-quarter global semiconductor sales slipped somewhat compared to the fourth quarter of 2019, but monthly totals for March increased month-to-month and year-to-year, indicating the available sales data has not yet fully captured the impacts of the COVID-19 health crisis.

“Ongoing macroeconomic turmoil related to the pandemic has caused significant uncertainty for the global semiconductor market that is likely to persist in the months ahead,” he said.

SIA said that regionally, month-to-month sales increased in Europe (4.0%), Asia Pacific/All Other (2.2%), and the Americas (1.1%), but decreased in China (-0.2%) and Japan (-2.1%).

Meanwhile, sales increased year-to-year in the Americas (21.8%), Asia Pacific/All Other (4.6%), China (4.5%), and Japan (1.0%), but fell slightly in Europe (-1.1%).

Source: The Edge Markets

Posted on : 05 May 2020