XSD - Global semiconductor sales to increase 5.1% in FY2020 and 8.4% in FY2021

Globally semiconductor sales rose 6% Y/Y and +3.1% M/M to $39B in October.Sales increased Y/Y:  Americas +14.2%, China +6.3% and Asia Pacific/All Other +5.3%.Sales decreased Y/Y: Japan -1% and Europe -4.8%.World semiconductor market to grow by 5.1% to$ 433B in FY2020 vs. prior outlook of +3.3%, largest growth contributors are Memory with 12.2%, followed by Sensors with 7.4%. In 2020,  Growth estimated in Americas +18.7% and Asia Pacific +3.8%, with decreases projected in Japan -0.6% and Europe -8.4%.For FY2021, the global semiconductor market is projected to grow by 8.4% vs. prior outlook of 6.2%, driven by double-digit growth of Memory and Optoelectronics with growth in all regions.“Global semiconductor sales in October increased year-to-year by the largest percentage since March, continuing to demonstrate the global semiconductor market’s resilience so far to headwinds caused by the pandemic and other macroeconomic factors,” said John Neuffer, SIA president and CEO. “Annual semiconductor sales are projected to increase moderately in

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Global semiconductor sales to increase 5.1% in FY2020 and 8.4% in FY2021