Tuesday, November 5, 2024, 4:30 p.m.
By the Semiconductor Industry Association
Global chip sales hit record monthly total in September
WASHINGTON—November 5, 2024—The Semiconductor Industry Association (SIA) announced today that global semiconductor sales for the third quarter of 2024 were $166 billion, an increase of 23.2% compared to the third quarter of 2023, and the growth of 2024. The company announced an increase of 10.7% compared to the second quarter of 2019. Sales in September 2024 were $55.3 billion, an increase of 4.1% compared to August. The total amount in 2024 is $53.1 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA accounts for 99% of the U.S. semiconductor industry by revenue and almost two-thirds of non-U.S. semiconductor companies.
“The global semiconductor market continued to grow in the third quarter of 2024, with quarterly revenue growth at its highest since 2016,” said John Neufer, President and CEO of SIA. he said. “September sales reached the highest monthly total in market history, driven by a 46.3% year-over-year increase in the Americas.”
By region, September year-on-year sales increased in the Americas (46.3%), China (22.9%), Asia Pacific/All Other (18.4%), and Japan (7.7%), but Europe (-8.2%). %). September month-over-month sales increased in Japan (5.3%), Asia Pacific/All Other (4.5%), the Americas (4.1%), Europe (4.0%), and China (3.6%).
For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing a WSTS subscription package. For detailed historical information on the global semiconductor industry and markets, consider ordering the SIA Data Book.
(Charts and graphs for September 2024)
###
media contact
dylan peterson
Semiconductor Industry Association
812-679-8952
dpeterson@semiconductors.org About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a critical driver of America’s economic strength, national security, and global competitiveness. SIA accounts for 99% of the U.S. semiconductor industry by revenue and almost two-thirds of non-U.S. semiconductor companies. Through this collaboration, SIA works with Congress, governments, and key industry stakeholders around the world to promote semiconductor manufacturing, promote policies that foster innovation, advance business, and foster global competition. We aim to strengthen design and research leadership. For more information, please visit www.semiconductors.org. About WSTS
World Semiconductor Trade Statistics (WSTS) is an independent, non-profit organization representing a large portion of the global semiconductor industry. WSTS’ mission is to be a respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the only source of monthly industry shipping statistics.
