Good news for the semiconductor industry, as worldwide sales jumped to $36.2 billion in August 2020, a 4.9% Y-on-Y increase from August 2019 and 3.6% higher than July 2020, according to the Semiconductor Industry Association (SIA).
“Global semiconductor sales increased year-to-year in August for the seventh consecutive month, demonstrating the global market so far has remained largely insulated from ongoing global macroeconomic headwinds, but there is still substantial uncertainty for the months ahead,” said John Neuffer, SIA president and CEO. “Sales into the Americas stood out in August, increasing by nearly 24 percent year-to-year.”
Regionally, sales increased on a year-to-year basis in the Americas (23.6%), China (3.0%), and Asia Pacific/All Other (2.1%), but decreased in Japan (-1.4%) and Europe (-10.1%). On a month-to-month basis, sales increased across all regions: Asia Pacific/All Other (5.6%), Europe (5.5%), China (2.9%), the Americas (2.6%), and Japan (1.5%).
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