Sales of semiconductors worldwide in the second quarter of 2024 reached $149.9 billion, up 18.3% from the same period in 2023 and 6.5% over the same period in 2024.
Sales of semiconductors increased by 1.7% to $50.0 billion in June 2024 from a total of $49.1 billion in May 2024. With respect to revenue, SIA accounts for approximately two-thirds of non-US chip companies and 99% of the US semiconductor sector. These statistics was recently revealed by Semiconductor Industry Association (SIA).
“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 SIA President and CEO John Neuffer. “Sales in the month of June were up both month-to-month and year-to-year, with the Americas market leading the way with growth of 42.8% compared to June 2023.”
In terms of geography, Sales of semiconductors increased in China (21.6%) and Asia Pacific/All Other (12.7%) in addition to the Americas’ year-over-year gain, but decreased in Japan (-5.0%) and Europe (-11.2%). June saw a rise in month-over-month sales in the Americas (6.3%), Asia Pacific/All Other (-1.4%), and Japan (1.8%), but a decline in Europe (-1.0%) and China (0.8%).
The World Semiconductor Trade Statistics (WSTS) organisations compiles monthly sales, which are a three-month moving average.
For comprehensive monthly sales of semiconductors data and detailed WSTS forecasts, consider purchasing the WSTS Subscription Package.
For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook.
