SOXX - Worldwide semiconductor revenue tops $40B in January

Globally semiconductor sales rose 13.2% Y/Y and 1.0% M/M to $40B for the month of January 2021.SIA or Semiconductor Industry Association represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.Regionally, sales increased on a Y/Y basis in the Asia Pacific/All Other (16.0%), the Americas (15.4%), China (12.4%), Japan (9.6%), and Europe (6.4%).On a month-to-month basis, sales increased in China (3.4%), Europe (2.0% percent), and Asia Pacific/All Other (1.5%), but ticked down in Japan (-1.0%) and the Americas (-3.0%).“Global semiconductor sales got off to a strong start in 2021, increasing both year-to-year and month-to-month in January. Global semiconductor production is on the rise to meet increasing demand and ease the ongoing chip shortage affecting the auto sector and others, and annual sales are projected to increase in 2021,”said John Neuffer, SIA president and CEO.TSM (TSM) largest semiconductor manufacturer in the world reported 8% growth in January, while its peer reported negative growth.The Semiconductor index

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Worldwide semiconductor revenue tops $40B in January