The Semiconductor Industry Association (SIA) announced that worldwide sales of semiconductors were $48.8 billion in October 2021, an increase of 24% from the October 2020 total of $39.4 billion and 1.1% more than the September 2021 total of $48.3 billion.
Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) and represent a three-month moving average.
Additionally, a newly released WSTS industry forecast projects that the annual global sales will increase 25.6% in 2021 and 8.8% in 2022.
SIA represents 98% of the US semiconductor industry by revenue and nearly two-thirds of non-US chip firms.
“Global semiconductor demand remained high in October, with year-to-year sales increasing substantially across all major regional markets,” said John Neuffer, SIA president and CEO. “Annual chip sales and units shipped are projected to reach all-time highs in 2021, with moderate annual growth expected in 2022.”
Regionally, year-to-year and month-to-month sales increased across all major regional markets: the Americas (29.2% year-to-year, 2.6% month-to-month), Europe (27.3%, 2.8%), Japan (23.7%, 1.1%), Asia Pacific/All Other (22.6%, 0.2%), and China (21.1%, 0.3%).
SIA also endorsed the WSTS Fall 2021 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $553.0 billion in 2021, a 25.6% increase from the 2020 sales total of $440.4 billion. Projected year-to-year increases in the Asia Pacific is 26.7%, Europe (25.6%), the Americas (24.6%), and Japan (19.5%).
In 2022, the global market is projected to post moderate growth of 8.8% to reach $601.5 billion in annual sales.
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.
(Except for the headline, this story has not been edited by The Technology Express staff and is published from a syndicated feed)
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