First-Quarter Global Semiconductor Sales Increase 15.2% Year-to-Year; March Sales Tick Down 0.6% Month-to-Month
WASHINGTON — May 7, 2023 — The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $137.7 billion during the first quarter of 2024, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023. Sales for the month of March 2024 decreased 0.6% compared to February 2024. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
“First-quarter global semiconductor sales were significantly higher than the total from the first quarter of last year, but sales slipped somewhat on a month-to-month and quarter-to-quarter basis, reflecting normal seasonal trends,” said John Neuffer, SIA president and CEO. “The market is expected to continue to grow during the remainder of the year, with double-digit annual growth projected for 2024.”
Regionally, year-to-year sales in March increased in China (27.4%), the Americas (26.3%), and Asia Pacific/All Other (11.1%), but decreased in Europe (-6.8%) and Japan (-9.3%). Month-to-month sales held even in China, but ticked down in the America (-0.1%), Europe (-0.9%), Asia Pacific/All Other (-1.2%), and Japan (-2.0%).
For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook.
About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.
About WSTS
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.
Related Chiplet
- Direct Chiplet Interface
- HBM3e Advanced-packaging chiplet for all workloads
- UCIe AP based 8-bit 170-Gsps Chiplet Transceiver
- UCIe based 8-bit 48-Gsps Transceiver
- UCIe based 12-bit 12-Gsps Transceiver
Related News
- Global Semiconductor Sales Increase 18.3% in Q2 2024 Compared to Q2 2023; Quarter-to-Quarter Sales Up 6.5%
- Gartner Forecasts Worldwide Semiconductor Revenue to Grow 17% in 2024
- Empower Semiconductor to Present at Chiplet Summit 2024 on Eliminating External Regulators in Chiplet Architectures
- Global Semiconductor Sales Decrease 8.2% in 2023; Market Rebounds Late in Year
Latest News
- Pre-Registration Opens for Chiplet Summit
- ASU and Deca Technologies selected to lead $100M SHIELD USA project to strengthen U.S. semiconductor packaging capabilities
- CHIPS for America Announces up to $300 million in Funding to Boost U.S. Semiconductor Packaging
- Scintil Photonics names Matt Crowley as CEO, founder Sylvie Menezo will continue heading technology developments and customer partnerships
- TSMC drives A16, 3D process technology