Semiconductor market continues to fall
The global semiconductor market is continuing its fall as the global recession bites.
The latest figures from the Semiconductor Industry Association (SIA) for September 2022 show the market was down 0.5% compared to August 2022 and 3.0% less than September 2021. This is the third monthly fall after June and August.
Worldwide sales of semiconductors totalled $141 billion during the third quarter of 2022, a decrease of 3.0% compared to the third quarter of 2021 and 6.3% less than the second quarter of 2022, led by falls in China.
The figures from the World Semiconductor Trade Statistics (WSTS) organization represent a three-month moving average.
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“Following strong growth through the first half of 2022, global semiconductor sales have slowed in recent months, decreasing in September on a year-to-year basis for the first time since January 2020 amid a range of macroeconomic headwinds,” said John Neuffer, president and CEO of the SIA. “The long-term market outlook remains strong, however, as semiconductors continue to become a larger and more important part of our digital economy.”
Regionally, month-to-month sales increased in the Americas (4.8%), Japan (0.5%), and Europe (0.1%), but decreased in Asia Pacific/All Other (-2.9%), and China (-3.0%). Year-to-year sales increased in Europe (12.4%), the Americas (11.5%), and Japan (5.6%), but decreased in Asia Pacific/All Other (-7.7%) and China (-14.4%).
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