Global Semiconductor Sales Increase 3.9% month-to-month in October; Annual Sales Projected to Increase 13.1% in 2024
October increase marks eighth consecutive month of month-to-month market growth; worldwide chip sales down 0.7% year-to-year in October WASHINGTON—Dec. 4, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $46.6 billion during the month of October 2023, an increase of 3.9% compared to the September 2023 total of $44.9 billion but 0.7% less than the October 2022 total of $46.9 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Additionally, a new WSTS [...]