Global chip sales rise 15.2% y-o-y, slip 2.1% sequentially

The Semiconductor Industry Association (SIA) says global semiconductor industry sales totalled $47.6 billion during the month of January 2024, an increase of 15.2% compared to the January 2023 total of $41.3 billion.

Sequentially sales decreased 2.1% from the December 2023 total of $48.7 billion.
“The global semiconductor market started the new year strong, with worldwide sales increasing year-to-year by the largest percentage since May 2022,” said John Neuffer, SIA president and CEO. “Market growth is projected to continue over the remainder of the year, with annual sales forecast to increase by double-digits in 2024 compared to 2023.”
Regionally, year-to-year sales were up in China (26.6%), the Americas (20.3%), and Asia Pacific/All other (12.8%), but down in Japan (-6.4%) and Europe (-1.4%). Month-to-month sales were down across all markets: Asia Pacific/All Other (-1.4%), the Americas (-1.5%), China (-2.5%), Europe (-2.8%), and Japan (-3.9%).

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source https://distributor.electronicspecifier.com/global-chip-sales-rise-15-2-y-o-y-slip-2-1-sequentially/