However, the Semiconductor Industry Association noted a significant increase in sales compared to February 2023.
Global chip sales in February this year grew by 16.3% to $46.17 billion, compared to $39.7 billion in the same month in 2023, but decreased by 3.1% compared to January this year. This was reported by the Semiconductor Industry Association (SIA).
“February sales increased year-over-year by the largest percentage since May 2022, and the market rally is forecast to continue through the rest of the year,” said SIA President and CEO John Newfer.
Sales in America in February increased by 22% compared to the same month last year, in China – by 28.8%, in Asia-Pacific and other regions – by 15.4%. Meanwhile, in Europe they decreased by 3.4%, in Japan – by 8.5%.
Sales of chips in February compared to January decreased in North and South America by 3.9%, in Europe – by 2.3%, in Japan – by 2.5%, in China – by 4.3%, in the Asia-Pacific region – by 1.3 %.
It was previously reported that China will create a $40 billion fund for the production of microchips.
Source: korrespondent
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