May global chip sales soar 26%
Global semiconductor industry sales climbed to $43.6 billion in the month of May 2021, an increase of 26.2% over the May 2020 total of $34.6 billion and 4.1% more than the April 2021 total of $41.9 billion.
“Global demand for semiconductors remained high in May, as sales increased both year-to-year and month-to-month across all major regional markets,” said John Neuffer (pictured), SIA president and CEO. “The industry shipped more units on a three-month moving basis in May than during any previous month in the market’s history, indicating semiconductor production has ramped up significantly to address rising demand.”
Regionally, year-to-year sales increased in Europe (31.2%), Asia Pacific/All Other (30.9%), China (26.1%), the Americas (20.9%), and Japan (20.4%). Month-to-month sales increased in the Americas (5.9%), China (5.4%), Japan (3.1%), Asia Pacific/All Other (2.6%), and Europe (1.1%).
Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
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