The Semiconductor Industry Association reported that Q3 semiconductor sales were up 11% over Q2 and was 5.8% more than sales Q3 2019. Q3 2020 sales totaled $113.6 billion dollars.
“The global semiconductor industry posted solid sales in the third quarter of 2020, reflecting normal seasonal trends and increased demand for semiconductor-enabled products, but significant market uncertainty remains due to the pandemic and other macroeconomic factors,” said John Neuffer, SIA president and CEO. “Sales into the Americas remained strong in September, increasing by more than 20 percent year-to-year, and sales increased on a month-to-month basis across all major regional markets.”
“Regionally, sales increased on a month-to-month basis in China (7.9 percent), Asia Pacific/Al Other (3.3 percent), Europe (3.3. percent), the Americas (2.2 percent), and Japan (1.5 percent). On a year-to-year basis, sales increased in the Americas (20.1 percent), China (6.5 percent), and Asia Pacific/All Other (2.9 percent), but decreased in Japan (-1.8 percent) and Europe (-9.8 percent).” Electronics Weekly reported.