Worldwide Sales of Semiconductors in April 2020 Stood at $34.4 Billion: SIA
- The global semiconductor market through April has shown early signs of resilience to the economic turmoil caused by the COVID-19 pandemic
- Sales increased year-to-year in the Americas, China, and Asia Pacific
The Semiconductor Industry Association (SIA) announced that worldwide sales of semiconductors were $34.4 billion for the month of April 2020. These figures represent 1.2 per cent less than the March 2020 total of $34.9 billion.
However, these are 6.1 per cent more than the April 2019 total of $32.4 billion. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
“Global semiconductor sales in April slipped slightly compared to the previous month, which is in line with seasonal trends, but significantly outpaced sales from April 2019. The global semiconductor market through April has shown early signs of resilience to the economic turmoil caused by the COVID-19 pandemic, but significant uncertainty remains in the months ahead,” said John Neuffer, SIA president and CEO.
Regionally, month-to-month sales increased in China (2.1 percent), but decreased in Japan (-0.9 percent), the Americas (-1.1 percent), Asia Pacific/All Other (-3.1 percent), and Europe (-7.6 percent). Sales increased year-to-year in the Americas (24.5 percent), China (4.4 percent), and Asia Pacific/All Other (3.3 percent), but fell in Japan (-0.1 percent) and Europe (-7.1 percent).