Global monthly semiconductor sales drop as chip market takes another hit

Worldwide semiconductor sales are down 0.5% in September, on a month-to-month basis, according to statistics released by the Semiconductor Industry Association, and down 3% compared to September 2021, as demand continues to soften in the face of multiple macroeconomic difficulties.

According to the SIA’s report, September chip buying in the Americas region rose by 11.5% compared to the same month in 2021, to a total of just over $12 billion, and upticks to $4.53 billion and $4.05 billion, respectively were seen in Europe and Japan. Those gains, however, were more than offset by the mainland Chinese market falling by 14.4% to $14.43 billion in the same time frame, along with a 7.7% decline to $11.97 billion in all other markets.

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