According to data compiled by SIA, chip sales increased 5.3% year-on-year in November to reach 48 billion US dollars. According to SIA, this figure also increased 2.9% month-on-month.
The Zhitong Finance App learned that the American Semiconductor Industry Association (SIA) said that in November 2023, global chip sales increased for the first time in more than a year. According to data compiled by SIA, chip sales increased 5.3% year-on-year in November to reach 48 billion US dollars. According to SIA, this figure also increased 2.9% month-on-month.
SIA President and CEO John Neuffer said, “Global semiconductor sales increased year over year for the first time since August 2022 in November, which shows that the global chip market continues to strengthen as we enter the new year. Looking ahead, the global semiconductor market is expected to achieve double-digit growth in 2024.”
In terms of regions, sales increased year-on-year in most regions, with China growing 7.6%, Asia Pacific/other regions growing 7.1%, Europe growing 5.6%, and the Americas growing 3.5%.
Sales in China (4.4%), the Americas (3.9%), and Asia Pacific/Rest of the Pacific (3.5%) increased, but sales declined in Japan (-0.7%) and Europe (-2.0%).