Monday, August 5, 2024, 8:00 AM
Semiconductor Industry Association
WASHINGTON—August 5, 2024—The Semiconductor Industry Association (SIA) today announced that global semiconductor industry sales in the second quarter of 2024 were $149.9 billion, an increase of 18.3% compared to the second quarter of 2023 and an increase of 6.5% compared to the first quarter of 2024. June 2024 sales were $50 billion, an increase of 1.7% compared to the May 2024 total of $49.1 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by sales and nearly two-thirds of non-U.S. chip companies.
“The global semiconductor market continued to perform well in the second quarter of 2024, with quarterly revenue increasing for the first time since the fourth quarter of 2023,” said SIA President and CEO John Neufer. “June revenue increased both month-over-month and year-over-year, with the Americas market leading the way with a 42.8% increase over June 2023.”
Looking at the geographic regions, in addition to year-over-year growth in the Americas, sales increased in China (21.6%) and Asia Pacific/Rest of the World (12.7%), but decreased in Japan (-5.0%) and Europe (-11.2%). Monthly sales in June increased in the Americas (6.3%), Japan (1.8%) and China (0.8%), but decreased in Europe (-1.0%) and Asia Pacific/Rest of the World (-1.4%).
For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing a WSTS subscription package. For more detailed historical information on the global semiconductor industry and markets, consider ordering the SIA Databook.
(Charts and graphs for June 2024)
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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 leading export industries and a key driver of America’s economic strength, national security, and global competitiveness. SIA represents 99 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. semiconductor companies. Through this coalition, SIA seeks to advance semiconductor manufacturing, design, and research leadership by working with Congress, the Administration, and key industry stakeholders around the world to advance policies that foster innovation, advance business, and promote global competition. For more information, 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. The WSTS mission is to be the authoritative source of semiconductor market data and forecasts. Founded in 1986, WSTS is the only source of monthly industry shipment statistics.