The global semiconductor industry posted April sales of US$41.8 billion, up 1.9% sequentially, according to Semiconductor Industry Association (SIA).
The April sales were 21.7% higher than the US$34.4 billion generated during the same period in 2020, SIA indicated.
Regionally, month-to-month sales increased across all major regional markets: the Americas (3.3%), Japan (2.6%), China (2.3%), Europe (1.6%), and Asia Pacific/All Other (0.5%). On a year-to-year basis, sales increased in China (25.7%), Asia Pacific/All Other (24.3%), Europe (20.1%), Japan (17.6%), and the Americas (14.3%).
"Global demand for semiconductors remained high in April, as reflected by rising sales across a range of chip products and throughout each of the world's major regional markets," said John Neuffer, SIA president and CEO. "The global chip market is projected to grow substantially in 2021 and 2022 as semiconductors become increasingly integral to the game-changing technologies of today and the future."
A newly released WSTS industry forecast projects annual global sales will increase 19.7% in 2021 and 8.8% in 2022. SIA endorsed the WSTS Spring 2021 global semiconductor sales forecast, which projects the industry's worldwide sales will be US$527.2 billion in 2021 and then grow moderately in 2022.