Global semiconductor sales plummet – report ...News

February sales slumped by more than 20% in annual terms, an industry association says Worldwide sales of microchips declined 4% in February in monthly terms to $39.7 billion, the Semiconductor Industry Association (SIA) reported on Thursday. The figure is 20.7% lower than in February 2022, when sales totalled $50 billion, according to the SIA. “Global semiconductor sales continued to slow in February, decreasing year-to-year and month-to-month for the sixth consecutive month,” SIA President and CEO John Neuffer said. “Short-term market cyclicality and macroeconomic headwinds have led to cooling sales, but the mark

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