Covid effect drives global chip sales up 6 percent in October

December 04, 2020 // By Peter Clarke
Covid effect drives global chip sales up 6 percent in October
The global chip market continued to gain momentum in October, according to numbers gathered by World Semiconductor Trade Statistics and reported by the Semiconductor Industry Association.

Europe and Japan remain down year-on-year but are clawing their way back as industrial and automotive sales rebuild from a weak 2Q20 due to the Covid-19 pandemic. The Americas region and China moved ahead more slowly month-to-month, which serves to moderate their strong data center and consumer-led boost due to Covid-19.

As a result, three-month average of worldwide sales of semiconductors in October was US$39.03, an increase of 3.1 percent over the previous month's averaged total and 6.0 percent more than the equivalent sales in 2019.

Regionally, sales increased on a year-to-year basis in the Americas (14.2 percent), China (6.3 percent), and Asia Pacific/All Other (5.3 percent), but decreased in Japan (-1.0 percent) and Europe (-4.8 percent). On a month-to-month basis, sales increased across all regions: Europe (6.0 percent), the Americas (3.2 percent), China (2.9 percent), Asia Pacific/All Other (2.8 percent), and Japan (1.6 percent).

Three-month average of chip sales by geographic region for October and September 2020. Source: SIA/WSTS.

"Global semiconductor sales in October increased year-to-year by the largest percentage since March, continuing to demonstrate the global semiconductor market's resilience so far to headwinds caused by the pandemic and other macroeconomic factors," said John Neuffer, CEO of the SIA, in a statement.

Monthly data is given by the SIA as a three-month average although the source of the data, the WSTS, tracks actual monthly data. The SIA and other regional semiconductor industry bodies opt to use averaged data because it evens out the actual data that typically shows troughs at the beginnings of quarters and peaks at the ends of quarters.

Related links and articles:

www.semiconductors.org

www.eusemiconductors.eu

News articles:

WSTS raises chip market forecast for 20/21

Europe bounces back in global chip market

Europe improves in chip market as Covid plays out

Global semiconductor sales rise year-to-year in July

European chip market falls as the rest of the world holds firm


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