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European Semiconductor Sales Drop, Global Sales Rise
www.eetimes.eu, Oct. 06, 2020 –
The European semiconductor market continues to decline sharply on a year-to-year basis, according to figures from the Semiconductor Industry Association (SIA).
Year-on-year semiconductor sales have been on a downward trend in Europe. They declined by 7.1 percent in April 2020. By 12.9 percent in May. By 17.1 percent in June. By 14.7 percent in July. And by 10.1 percent in August. No doubt the Covid-19 crisis and the uncertainties in the automotive industry are correlated with these successive sales drops.
The gloomy picture in Europe contrasts with the sales dynamics in the rest of the world. In August 2020, SIA announced global sales of semiconductors reached $36.2 billion, up 4.9 percent from August 2019 total of $34.5 billion and up 3.6 percent from the July 2020 total of $35.0 billion.
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