NXPI - Global semiconductor sales plunge 21% in May but M/M increase keeps optimism alive
2023-07-07 10:48:04 ET
Global semiconductor industry sales for May fell 21.1% year-over-year to $40.7 billion. Sales rose 1.7% month-over-month, according to The Semiconductor Industry Association (SIA).
Region wise Y/Y sales: Europe +5.9%, Japan -5.5%, the Americas -22.6%, Asia Pacific/All Other -23.0%, and China -29.5%.
Region wise M/M sales: China +3.9%, Europe +2.0%, Asia Pacific/All Other +1.3%, Japan +0.4%, and the Americas +0.1%.
"... Month-to-month global semiconductor sales inched upward in May for the third consecutive month, sparking optimism for a possible market rebound during the second half of the year,” said John Neuffer, SIA president and CEO.
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From last month, ' Global semiconductor industry sales jump 21% Y/Y in April '
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Global semiconductor sales plunge 21% in May, but M/M increase keeps optimism alive