“The global semiconductor market remained strong during the second quarter of 2024, with quarter-to-quarter sales increasing for the first time since the fourth quarter of 2021,” says SIA CEO John Neuffer, “sales in the month of June were up both month-to-month and year-to-year, with the Americas market leading the way with growth of 42.8% compared to June 2023.”
Regionally, in addition to the year-to-year growth in the Americas, sales were up in China (21.6%) and Asia Pacific/All Other (12.7%), but down in Japan (-5.0%) and Europe (-11.2%). Month-to-month sales in June increased in the Americas (6.3%), Japan (1.8%), and China (0.8%), but decreased in Europe (-1.0%) and Asia Pacific/All Other (-1.4%).
