July semi sales up 2.3% m-o-m

“The worldwide semiconductor market has skilled modest however regular month-to-month development this yr, with gross sales growing for the fourth consecutive month in July,” says SIA CEO John Neuffer, “international gross sales stay down in comparison with final yr, however the year-to-year lower in July was the smallest hole of the yr thus far, offering cause for optimism over the rest of 2023 and past.”

Regionally, month-to-month gross sales elevated within the Americas (6.3%), China (2.6%), Europe (0.5%), and Asia Pacific/All Different (0.3%), however decreased barely in Japan (-1.0%). 12 months-to-year gross sales had been up in Europe (5.9%), however down in Japan (-4.3%), the Americas (-7.1%), Asia Pacific/All Different (-16.2%), and China (-18.7%).

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