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From: BeenRetired8/6/2024 10:50:25 AM
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Global semiconductor sales leap 18.3% Y/Y in Q2 :SIA


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Global semiconductor industry sales for the second quarter jumped 18.3% year-over-year to $149.9 billion, according to data from The Semiconductor Industry Association (SIA)

The sales rose 1.7% in June as compared to the prior month.

“The global semiconductor market remained strong during the second quarter of 2024, with quarter-to-quarter sales increasing for the first time since the fourth quarter of 2023,” said John Neuffer, SIA president and CEO.

The Americas market experienced particularly strong growth, Neuffer added. The market was up 42.8% in June.

On the basis of region, year-to-year sales were up in China by 21.6%, and Asia Pacific/All Other by 12.7%, but declined in Japan by 5% and Europe by 11.2%.
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