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April chip gross sales down 21.6% y-o-y

April chip gross sales down 21.6% y-o-y

Posted Date: 2023-06-08

The WSTS business forecast tasks annual international gross sales will lower 10.3% in 2023 after which rebound with development of 11.9% in 2023.

“The worldwide Semiconductor market stays in a cyclical downturn, exacerbated by sluggish macroeconomic circumstances, however month-to-month gross sales ticked up for the second consecutive month in April, maybe foreshadowing a continued rebound within the months forward,” mentioned John Neuffer, SIA president and CEO. “The most recent business forecast tasks a double-digit dip in international chip gross sales for 2023, adopted by a robust rebound in 2024.”

Regionally, month-to-month gross sales in April elevated in China (2.9%) and Japan (0.9%), however decreased in Europe (-0.6%), the Americas (-1.0%), and Asia Pacific/All Different (-1.1%). 12 months-to-year gross sales in April have been up in Europe (2.3%), however down in Japan (-2.3%), the Americas (-20.5%), Asia Pacific/All Different (-23.9%), and China (-31.4%).

Moreover, SIA right this moment endorsed the WSTS Spring 2023 international semiconductor gross sales forecast, which tasks annual international gross sales will likely be $515.1 billion in 2023, down from the 2022 gross sales whole of $574.1 billion.

In 2024, international gross sales are projected to achieve $576.0 billion, which might be the business’s highest-ever whole. WSTS tabulates its semi-annual business forecast by gathering enter from an intensive group of world semiconductor corporations that present correct and well timed indicators of semiconductor developments.

April chip sales down 21.6% y-o-y

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