Global Semiconductor Sales Surge 16.3% in February 2024, Reports SIA

Thursday, 4 April 2024, 17:39

In February 2024, the global semiconductor industry experienced a significant 16.3% year-over-year increase in sales, reaching $46.2 billion, as per the latest data from the Semiconductor Industry Association. Despite this growth, sales for the month were 3.1% lower compared to the same period in 2023. The surge in semiconductor sales highlights the resilience and ongoing demand for these crucial components in various industries, despite certain challenges impacting year-over-year comparisons.
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Global Semiconductor Sales Surge 16.3% in February 2024, Reports SIA

Global Semiconductor Sales Report February 2024

In February 2024, the global semiconductor industry witnessed a remarkable surge in sales, marking a 16.3% increase year-over-year, totaling $46.2 billion in revenue. Although sales were down by 3.1% compared to February 2023, the overall industry outlook remains positive.

Main Highlights:

  • Growth Spurt: Sales soared by 16.3% year-over-year.
  • Comparison: February 2024 sales dipped by 3.1% from the previous year.

The strong performance of semiconductor sales underscores the sector's vital role in powering various technological advancements and industries worldwide.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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