International semiconductor trade gross sales for July fell 11.8% year-over -year to $43.2 billion, in keeping with knowledge from The Semiconductor Business Affiliation (SIA).
Gross sales rose 2.3%, in comparison with the June 2023 complete of $42.2 billion, SIA mentioned.
“The worldwide semiconductor market has skilled modest however regular month-to-month development this 12 months, with gross sales rising for the fourth consecutive month in July,” mentioned John Neuffer, SIA president and CEO.
Nonetheless, Neuffer added that year-to-year lower in July “was the smallest hole of the 12 months thus far, offering cause for optimism over the rest of 2023 and past.”
Based on SIA, region-wise Y/Y gross sales: Americas -7.1%, Europe +5.9%, Japan -4.3%, China -18.7% and Asia Pacific/all different -16.2%.
Area-wise M/M gross sales: Americas +6.3%, China +2.6%, Europe +0.5% and Asia Pacific/all different +0.3%. Japan decreased barely by 1%.
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