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Global Semiconductor Sales Increase 1.9% Month-to-Month in August

20/10/2023

In August 2023, the global semiconductor industry experienced a month-to-month increase in sales for the sixth consecutive month, according to the Semiconductor Industry Association (SIA). The total global semiconductor sales for August reached $44.0 billion, which was a 1.9% increase compared to the previous month's sales of $43.2 billion. However, when compared to August 2022, the sales were 6.8% lower than the total of $47.2 billion.
 
The SIA uses a three-month moving average to compile monthly sales data, which is provided by the World Semiconductor Trade Statistics (WSTS) organization. The SIA represents a significant portion of the worldwide semiconductor industry, including 99% of the U.S. semiconductor industry by revenue and about two-thirds of non-U.S. chip firms.
 
John Neuffer, the president and CEO of the SIA, noted that the August sales increase reflected a gradual and steady growth in market demand during the middle of the year. While sales were still lower compared to the previous year, the year-to-year decrease was the smallest since October 2022, which provides some optimism for continued momentum in the coming months.
 


Analyzing the regional sales performance, the Americas experienced a month-to-month increase of 4.6%, China saw a 2.0% increase, and Asia Pacific/All Other regions had a 1.2% increase. On the other hand, Japan witnessed a slight decrease of -0.4%, and Europe experienced a decrease of -1.1%. In terms of year-to-year sales, Europe and the Americas saw an increase of 3.5% and 0.3% respectively. However, Japan experienced a decrease of -2.9%, Asia Pacific/All Other regions saw a significant decrease of -11.3%, and China had the largest decrease of -12.6%.
 
For more detailed and comprehensive monthly semiconductor sales data, as well as WSTS forecasts, interested parties can consider purchasing the WSTS Subscription Package. Similarly, for historical information about the global semiconductor industry and market, the SIA Databook can be ordered.

August 2023 Chart and Graph
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