Semiconductor Sales Up 27% in January

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www.eetimes.com, Mar. 08, 2022 – 

Despite ongoing chip shortages, data published the Semiconductor Industry Association (SIA) last week shows semiconductor sales are growing, while IC Insights research illustrates capital expenditures (capex) for the industry are also expected to hit all-time highs as demand continues to surge.

SIA's latest semiconductor industry sales data report for the month of January revealed industry sales within the U.S. reached $50.7 billion compared to $40 billion a year ago, a 26.8 percent increase YoY. The data also showed a marginal dip in sales compared to December of last year, with a 0.2 percent decrease from $50.9 billion to $50.7 billion.

The U.S. isn't the only area experiencing a jump in chip sales, with Europe, China, Asia Pacific and Japan bringing in increased profits of 28.7 percent, 24.4 percent, 21 percent and 18.9 percent YoY, respectively.

"Global sales in January increased by more than 20% for the tenth consecutive month on a year-to-year basis, and sales into the Americas increased by 40.2% year-to-year in January to lead all regional markets," said SIA president and CEO John Neuffer.

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