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The most in 14 years: global chip sales fell to the lowest

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World sales of semiconductors in February, 2023 decreased by 20.7% to 39.7 billion dollars.

Global chip sales fell 20.7% to $39.7 billion in February, compared to $50 billion in the same month last year. This was reported by the Semiconductor Industry Association.

It was noted that the maximum fall in 14 years.

In February, compared to the previous month, chip sales fell 4% from $41.3 billion.

Global semiconductor sales in February continued to decline year-over-year and month-over-month for the sixth month in a row.

Market cyclicality and macroeconomic headwinds led to lower sales. At the same time, the medium- and long-term market outlook remains optimistic due to growing demand in some markets.

Sales in America fell by 14.8% in February compared to the same month last year, in Europe – by 0.9%, in China – by 34.2%, in Asia-Pacific and other regions – by 22.1%. But in Japan grew by 1.2%.

Sales decreased compared to January in North and South America by 5.3%, in Europe and Japan – by 0.3%, in China – by 5.9%, in the Asia-Pacific Region – by 3.6%.

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

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