In September 2023, the global semiconductor market recorded month-on-month sales growth for the seventh consecutive month.
🟦 The Global Semiconductor Market Achieves Seventh Consecutive Month of Month-on-Month Growth
Global semiconductor sales in September 2023 increased for the seventh consecutive month, reaching $44.8 billion (approximately 6.07 trillion yen), a 1.9% increase from the previous month. However, there was a decrease of 4.5% compared to the same month in the previous year. Q3 sales also saw a 3.6% increase quarter-over-quarter, yet there was a 4.5% decrease year-over-year.
🟦 Semiconductors in 2023: A Fluctuating Recovery Trend
The semiconductor market experienced volatility and macroeconomic headwinds, leading to a decline at the beginning of 2023. However, it has since shown a trend of recovery and continuous growth. Regional sales in September 2023 increased month-on-month in Asia Pacific and Europe, while Japan experienced a slight decline. When compared to the same month in the previous year, most regions saw decreases.
Global Semiconductor Sales (Year-on-Year)
- Europe: up 6.7%
- China: down 9.4%
- Asia-Pacific: down 5.6%
- Japan: down 3.6%
- Americas: down 2.0%
🟦 Summary
The global semiconductor market has achieved month-on-month sales growth for the seventh consecutive month. However, the trend of year-on-year decline persists, highlighting regional market variations.
The seven consecutive months of growth refer to a period of steady monthly recovery following a significant sales decline at the beginning of the year.
