Global Semiconductor Sales Up 7% Year-to-Year in November

Reading time ( words)

The Semiconductor Industry Association (SIA) has announced worldwide sales of semiconductors reached $39.4 billion for the month of November 2020, an increase of 7.0 percent compared to the November 2019 total of $36.9 billion and 1.1 percent more than the October 2020 total of $39.0 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 98 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. 

“Global sales of semiconductors continued to rise in November, increasing on a year-to-year basis by the highest percentage since March,” said John Neuffer, SIA president and CEO. “Annual sales in 2020 are tracking well ahead of the total from 2019, despite substantial headwinds caused by the pandemic and other macroeconomic factors. Sales into the Americas remained strong in November, increasing year-to-year by a double-digit percentage for the eleventh consecutive month.” 

Regionally, sales increased on a year-to-year basis in the Americas (12.5 percent), China (6.5 percent), Asia Pacific/All Other (6.5 percent), and Japan (5.1 percent), but decreased slightly in Europe (-0.7 percent). On a month-to-month basis, sales increased in Japan (5.2 percent), Europe (3.6 perent), the Americas (2.1 percent), and China (0.1 percent), but ticked down in Asia Pacific/All Other (-0.5 percent).



Suggested Items

Book Review: The Trust Factor—The Science of Creating High-Performance Companies

02/28/2017 | Dan Beaulieu
This is a book about trust and it deals with what your associates, partners and customers feel about you and how you can make trust the most important element of your relationships with them.

Copyright © 2021 I-Connect007. All rights reserved.