Q3 semi sales up 23.2% y-o-y, says SIA

Q3 semiconductor sales were up 23.2% y-o-y and 10.7 % m-o-m at $166 billion, says the SIA.

September sales of $55.3 billion were 4.1% up on August’s $53.1 billion..

“The global semiconductor market continued to grow during the third quarter of 2024, with quarter-to-quarter sales increasing at the largest rate since 2016,” says SIA CEO John Neuffer. “sales in September reached the market’s highest-ever monthly total, driven by a 46.3% year-to-year increase in the Americas.”

Regionally, year-to-year sales in September were up in the Americas (46.3%), China (22.9%), Asia Pacific/All Other (18.4%), and Japan (7.7%), but down in Europe (-8.2%). Month-to-month sales in September increased in Japan (5.3%), Asia Pacific/All Other (4.5%), the Americas (4.1%), Europe (4.0%), and China (3.6%).