Global semiconductor sales posted monthly growth for the first time in more than a year. This is the latest sign that customer demand for semiconductors is starting to rebound, driven by emerging technologies such as artificial intelligence. The Washington-based Semiconductor Industry Association (SIA) said on Tuesday (January 9),Global semiconductor revenue reached US$48 billion in November last year, an increase of 5.3% over the same period last year., a month-on-month increase of 2.9%.
It is worth mentioning thatChina leads global semiconductor revenue growth in November. According to released data, China's semiconductor sales increased by 7.6% year-on-year in November, of which semiconductor sales to the Americas increased by 3.5% and semiconductor sales to Europe increased by 5.6%.
In terms of revenue, SIA's data represents 99% of the U.S. semiconductor industry and nearly two-thirds of non-U.S. semiconductor companies.
In a world increasingly reliant on digital products and services, semiconductors will be critical components. The semiconductor industry, which has struggled over the past year as weak demand in key markets such as smartphones and as high interest rates weigh on economic growth and trade, is expected to see strong gains in the coming year.
SIA President John Neuffer said, “Global semiconductor sales in November 2023Year-on-year growth for first time since August 2022, indicating that the global semiconductor market continues to strengthen as it enters the new year. Looking to the future,Global semiconductor market expected to achieve double-digit growth in 2024. "
However, Samsung Electronics, the world's largest memory chip maker, this week reported its sixth consecutive quarterly decline in operating profit and revenue. Although memory chips account for only a portion of the global chip market, this may also indicate thatThe return to growth may be uneven among manufacturers.