Global Semiconductor Sales Increase 4.7% in Q2 Compared to Q1

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Q2 sales down 17.3% compared to Q2 2022; worldwide sales in June increase 1.7% month-to-month

WASHINGTON—Aug. 4, 2023—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $124.5 billion during the second quarter of 2023, an increase of 4.7% over the first quarter of 2023 but 17.3% less than the second quarter of 2022. Global sales for the month of June 2023 were $41.5 billion, an increase of 1.7% compared to the previous month. 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 revenue and nearly two-thirds of non-U.S. chip firms.

“Although global semiconductor sales in 2023 remain behind the totals from last year, revenue ticked up in June for the fourth consecutive month and notched solid quarter-over-quarter increases, providing optimism the market will continue to rebound over the second half of the year,” said John Neuffer, SIA president and CEO.

Regionally, month-to-month sales increased in the Americas (4.2%), China (3.2%), Japan (0.9%), and Europe (0.1%), but fell slightly in Asia Pacific/All Other (-0.5%). Year-to-year sales were up in Europe (7.6%), but down in Japan (-3.5%), the Americas (-17.9%), Asia Pacific/All Other (-20.4%), and China (-24.4%).

For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook.

About SIA

The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.

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