Global semiconductor sales continue growth in August

Worldwide semiconductor sales registered an on-year increase for the seventh consecutive month in August 2020.The global semiconductor industry posted August sales of US$36.2 billion, up 3.6% sequentially, according to Semiconductor Industry Association (SIA). Sales were 4.9% above the August 2019 total of US$34.5 billion.”Global semiconductor sales increased year-to-year in August for the seventh consecutive month, demonstrating the global market so far has remained largely insulated from ongoing global macroeconomic headwinds, but there is still substantial uncertainty for the months ahead,” said John Neuffer, SIA president and CEO.

Source: Global semiconductor sales continue growth in August