Pandemic Stalls Global Chip Sales
Earlier this month, the Semiconductor Industry Association (SIA) announced that February 2020 saw global semiconductor sales reach $34.5 billion, presenting a 2.4% decline on January 2020 sales, but an increase of 5% on February 2019 which saw sales of $32.9 billion. Monthly sales figures are recorded by the World Semiconductor Trade Statistics (WSTS) organisation and represent a rolling three-month average. The SIA represents semiconductor manufacturers, designers and researchers, with members accounting for approximately 95% of US semiconductor sales and a large growing share of sales from non-US firms.
"Global semiconductor sales in February were solid overall, outpacing sales from last February, but month-on-month demand in the China market slipped significantly and the full impact of the COVID-19 pandemic on the global market has yet to be captured in available sales numbers," commented John Neuffer, SIA president and CEO. "Semiconductors underpin our economy, infrastructure, and national security, and they are at the heart of many advanced technologies being used to find treatments, care for patients, and help people work and study from home."
Regionally, monthly sales increased in Japan (6.9%) and Europe (2.4%), but dropped in Asia-Pacific (-1.2%), the Americas (-1.4%), and China (-7.5%). Year-on-year sales increased in the Americas (14.2%), Japan (7%) and China (5.5%), but decreased in Asia Pacific (-0.1%) and Europe (-1.8%).