On an annual basis, semiconductor sales grew only in Europe by 0.9% and in Japan by 0.7%.
Global chip sales fell 18.5% in January to $41.33 billion from $50.74 billion a year earlier. This was reported by the US Semiconductor Industry Association (SIA).
Compared to December 2022, sales were down 5.2% from $43.61 billion.
Sales in America decreased by 12.4% in January compared to the same month last year, in China – by 31.6%, in Asia-Pacific (APR) and other regions – by 19.5%. But in Europe they grew by 0.9%, in Japan – by 0.7%.
Compared to December, sales of chips in North and South America decreased by 7.9%, in Japan – by 2.1%, in China – by 8%, in the Asia-Pacific Region – by 2.7%. In Europe, the number increased by 0.6%.
SIA President John Neufer noted that despite the current short-term downturn, the long-term market outlook remains strong due to the ever-increasing role of chips in enabling critical technologies.
Earlier it was reported that, despite the sanctions, Russia in 2022 significantly increased the import of chips and thus exceeded the pre-war numbers.
China bans export of “strategic” chips to Russia – media
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.