Demand in China slips significantly compared to January, reflecting early impacts of COVID-19 crisis
WASHINGTON—April 3, 2020—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $34.5 billion for the month of February 2020, a decrease of 2.4 percent from the January 2020 total of $35.4 billion, but a jump of 5.0 percent compared to the February 2019 total of $32.9 billion. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents semiconductor manufacturers, designers, and researchers, with members accounting for approximately 95 percent of U.S. semiconductor company sales and a large and growing share of global sales from non-U.S. firms.
“Global semiconductor sales in February were solid overall, outpacing sales from last February, but month-to-month demand in the China market slipped significantly and the full impact of the COVID-19 pandemic on the global market has yet to be captured in available sales numbers,” said John Neuffer, SIA president and CEO. “Semiconductors underpin our economy, infrastructure, and national security, and they are at the heart of many advanced technologies being used to find treatments, care for patients, and help people work and study from home.”
Regionally, month-to-month sales increased in Japan (6.9 percent) and Europe (2.4 percent), but decreased in Asia Pacific/All Other (-1.2 percent), the Americas (-1.4 percent), and China (-7.5 percent). Sales increased year-to-year in the Americas (14.2 percent), Japan (7.0 percent), and China (5.5 percent), but were down in Asia Pacific/All Other (-0.1 percent) and Europe (-1.8 percent).
For comprehensive monthly semiconductor sales data and detailed WSTS Forecasts, consider purchasing the WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook.
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – the tiny chips that enable modern technologies – power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $193 billion in 2019. SIA members account for approximately 95 percent of all U.S. semiconductor industry sales. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.