Tuesday, September 3, 2024, 8:00 AM
Semiconductor Industry Association
Sales to the Americas led all markets, increasing 40.1% year over year. Global semiconductor sales increased 2.7% month over month.
WASHINGTON—September 3, 2024—The Semiconductor Industry Association (SIA) today announced that global semiconductor industry sales reached $51.3 billion in July 2024. This represents an 18.7% increase compared to the July 2023 total of $43.2 billion and a 2.7% increase over the June 2024 total of $50 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 experience strong year-over-year growth in July, marking the fourth consecutive month of month-over-month sales increases,” said SIA President and CEO John Neufer. “The Americas market recorded especially strong growth in July, with year-over-year sales increasing 40.1%.”
By region, year-over-year sales increased in the Americas (40.1%), China (19.5%) and Asia Pacific/Other (16.7%), but decreased in Japan (-0.8%) and Europe (-12.0%). Monthly sales in May increased in the Americas (4.3%), Asia Pacific/Other (3.9%), Japan (3.3%) and China (0.9%), but decreased in Europe (-0.5%).
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 July 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.
