WASHINGTON – Worldwide sales of semiconductors totaled $124.5 billion during the second quarter of 2023, a 4.7% sequential increase but 17.3% less than the second quarter of 2022, according to the Semiconductor Industry Association.

"Although global semiconductor sales in 2023 remain behind the totals from last year, revenue ticked up in June for the fourth consecutive month and notched solid quarter-over-quarter increases, providing optimism the market will continue to rebound over the second half of the year," said John Neuffer, SIA president and CEO.

Regionally, month-to-month sales increased in the Americas (4.2%), China (3.2%), Japan (0.9%), and Europe (0.1%), but fell slightly in Asia Pacific/All Other (-0.5%). Year-to-year sales were up in Europe (7.6%), but down in Japan (-3.5%), the Americas (-17.9%), Asia Pacific/All Other (-20.4%), and China (-24.4%).

SIA June

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