Global semiconductor sales rose 21.1% y-o-y in April to US$50.9 billion, says SIA

Global semiconductor sales rose 21.1% y-o-y in April to US$50.9 billion, says SIA

07 Jun 2022

Global semiconductor industry sales were rose 21.1% year-on-year in April 2022 to US$50.9 billion from US$42 billion a year earlier, said the US-based Semiconductor Industry Association (SIA).

In a statement on its website on Monday (June 6), SIA said the figure was 0.7% higher than the March 2022 total of US$50.6 billion.

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

SIA president and CEO John Neuffer said global semiconductor sales have increased by more than 20% on a year-to-year basis for 13 consecutive months, indicating consistently high and growing demand for semiconductors across a range of critical sectors.

“High global chip demand will necessitate more semiconductor research, design, and manufacturing in the years ahead, and we urge leaders in Washington to enact innovation and competitiveness legislation that ensures more of this chip production and innovation occurs on U.S. shores,” he said.

SIA said sales were up compared to April 2021 in the Americas (40.9%), Europe (19.2%), Japan (18.5%), Asia-Pacific/all others (18.1%), and China (13.3%).

It said month-to-month sales increased in the Americas (3.1%), Japan (1.6%), and Asia-Pacific/all others (1.2%), but fell slightly in China (-0.6%), and Europe (-3.3%).

Source: The Edge Markets