Home News Global semiconductor product sales amounted to US$123.1 billion in Q1, 2021: Report

Global semiconductor product sales amounted to US$123.1 billion in Q1, 2021: Report

by Ashish

Global semiconductor supply originating in the automotive sector is still in short supply. The supply of semiconductor products exceeds demand, which has pushed up the prices of some semiconductor products and also boosted the revenue of semiconductor manufacturers.

According to data from the Semiconductor Industry Association (SIA), in the first quarter of this year, global sales of semiconductor products reached 123.1 billion US dollars, an increase of 17.8% year-on-year and an increase of 3.6% month-on-month.

In the first quarter, global sales of semiconductor products reached 123.1 billion U.S. dollars, which means that the average monthly sales reached 41 billion U.S. dollars. From the data released by SIA, at least in March, the global sales of semiconductor products reached 41 billion U.S. dollars.

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Judging from the data released by the Semiconductor Industry Association, the global semiconductor product sales of 123.1 billion US dollars in the first quarter also exceeded the 122.7 billion US dollars in the third quarter of 2018, setting a new high.

According to John Neuffer, president and CEO of the Semiconductor Industry Association, the sales of global semiconductor products remained strong in the first quarter, and both increased year-on-year and month-on-month. In March, sales in major markets increased both year-on-year and month-on-month. The demand is still strong.

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