Global Semiconductor Sales Increase 7.3% Year-to-Year in July, but Growth Slows

The Semiconductor Industry Association (SIA) announced global semiconductor industry sales were $49.0 billion in the month of July 2022, an increase of 7.3% over the July 2021 total of $45.7 billion, but a decrease of 2.3% compared to the June 2022 total of $50.2 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 revenue and nearly two-thirds of non-U.S. chip firms.

July 2022 GSR table and graph for press release “Global semiconductor sales remained strong in July, easily topping the total from last July, but market growth has slowed substantially in recent months, with year-to-year sales increases dropping into the single digits for the first time since December 2020,” said John Neuffer, SIA president and CEO. “Sales into the Americas market increased 20.9% year-to-year to lead all regions.”

In addition to the Americas, year-to-year sales were up in the Europe (15.2%) and Japan (13.1%), and Asia Pacific/All Other (4.1%), but down in China (-1.8%). Month-to-month sales increased in Europe (2.7%) and Japan (0.6%), but decreased in the Americas (-2.3%), China (-3.5%), and Asia Pacific/All Other (-3.5%).