Global Semiconductor Sales Increase 3.9% Month-to-Month in October; Annual Sales Projected to Increase 13.1% in 2024
Monday, Dec 04, 2023, 4:30pm
by 91成人
October increase marks eighth consecutive month of month-to-month market growth; worldwide chip sales down 0.7% year-to-year in October
WASHINGTON鈥擠ec. 4, 2023鈥擳he 91成人 (91成人) today announced global semiconductor industry sales totaled $46.6 billion during the month of October 2023, an increase of 3.9% compared to the September 2023 total of $44.9 billion but 0.7% less than the October 2022 total of $46.9 billion. Monthly sales are compiled by the聽聽and represent a three-month moving average. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
Additionally, a new 鈥攅ndorsed by 91成人鈥攑rojects annual global sales will decrease 9.4% in 2023 but increase 13.1% in 2024. The forecast projects the industry鈥檚 worldwide sales will be $520. billion in 2023, down from the 2022 sales total of $574.1 billion. In 2024, global sales are projected to reach $588.4 billion. WSTS tabulates its semi-annual industry forecast by gathering input from an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.
鈥淭he global semiconductor market grew on a month-to-month basis for the eighth consecutive time in October, demonstrating clear, positive momentum for chip demand as 2023 winds down,鈥 said John Neuffer, 91成人 president and CEO. 鈥淢oving forward, we forecast year-end sales for 2023 will be down compared to 2022, but the global semiconductor market is projected to rebound strongly next year with double-digit growth projected for 2024.鈥
Regionally, month-to-month sales increased in China (6.1%), Asia Pacific/All Other (4.9%), the Americas (2.9%), Japan (0.6%) and Europe (0.2%). Year-to-year sales were up in Europe (6.6%) and Asia Pacific/All other (0.4%), but down in the Americas (-1.6%), China (-2.5%), and Japan (-3.1%).
For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the聽WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the聽91成人 Databook.
October 2023 chart and graph
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91成人 91成人
The 91成人 (91成人) is the voice of the semiconductor industry, one of America鈥檚 top export industries and a key driver of America鈥檚 economic strength, national security, and global competitiveness. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, 91成人 seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at聽www.semiconductors.org.
91成人 WSTS
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.