Global chip sales in May more than doubled (by 104.1%) compared to the same month last year, reaching $120.6 billion, according to a press release from the Semiconductor Industry Association (SIA).
Compared to April, they rose by 9.2%.
“In May, the global semiconductor market continued to grow rapidly, reaching a record monthly sales volume,” said SIA President and CEO John Neufer, as quoted in the release. On a month-over-month basis, the figure increased for the fifteenth consecutive month, he noted.
Sales in North and South America soared 132.2% year-over-year last month, in Europe by 60.7%, in China by 88.8%, in Japan by 23.8%, and in the Asia-Pacific and other regions by 118.9%.
Compared to April, chip sales rose by 8.6% in North and South America, by 7.3% in Europe, by 10.7% in China, by 6.4% in Japan, and by 9.2% in the Asia-Pacific region.
The SIA includes approximately 99% of U.S. companies in the semiconductor industry and about 66% of chip manufacturers from other countries.
