Global chip sales jump 17.9% in January to set new record

The industry association SIA has just summed up the results of January, which allows it to talk about the growth of revenue from the sale of semiconductor components by 17.9% to $56.5 billion according to the results of the month before last. For January, such revenue is an absolute record, which to some extent allows us not to worry about the probable decline in demand for chips in the coming months.

However, revenue from chip sales has consistently decreased by 1.7% compared to December last year, but this can be attributed to seasonal factors. According to representatives of the association, revenue from semiconductor component sales has been growing by more than 17% year-on-year for the ninth month in a row. There are champions in the regional section. For example, both American components increased revenue by 50.7% year-on-year to $19.54 billion in January.

Image source: SIA

The second fastest growing region was the Asia-Pacific region, including countries outside the Americas, Europe, China and Japan, where revenue grew by 9% to $13.43 billion. China itself, although limited to revenue growth of 6.5% to $15.55 billion, was second only to the Americas in absolute terms.

Europe not only had to settle for $4.1 billion in revenue, but also saw it fall by 6.4% year-on-year. Japan saw a 5.7% increase to $3.91 billion. Chip revenue consistently fell in January in most macro-regions, except for Asia-Pacific and the rest of the world, where it grew by 1.6%.