Global chip sales fell 20.7% yoy in February
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Semiconductor sales were $39.7 billion in February, down 4% from $41.3 billion in January and down 20.7% from $50 billion in February 2022. About this April 6 reported Semiconductor Industry Association (SIA). The fall of almost 21% is the highest in 14 years, notes Interfax.
SIA represents 99% of the US semiconductor industry by revenue and nearly two-thirds of chip companies outside the US.
Regionally, YoY sales rose slightly in February in Japan (1.2%) but declined in Europe (-0.9%), the Americas (-14.8%), Asia Pacific/All other countries (-22.1%) and China (-34.2%). Compared to the previous month, sales were down in all regions: Europe (-0.3%), Japan (-0.3%), Asia Pacific/All Others (-3.6%), Americas (- 5.3%) and China (-5.9%).
“Global semiconductor sales continued to slow in February, declining year on year and month on month for the sixth straight month,” said SIA President and CEO John Neufer.
In early February, SIA reported that in 2022 sales increased by 3.2%, to $573.5 billion, but noted a drop in the fourth quarter by 14.7%.
Bloomberg, citing sources, reported that the authorities of the United States, Japan and the Netherlands are negotiating a technological blockade to stop the supply of advanced equipment for the production of microelectronics to China. The China Semiconductor Industry Association said that the introduction of new restrictions “would cause irreparable damage.” At the same time, against the backdrop of the imposition of sanctions, the Russian authorities are counting on Beijing’s help in purchasing chips and equipment.
Read more in the publication “Kommersant” “Semiconductor of Discord”.
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