October Semiconductor Sales Grew for 4th Straight Month, but 2019 Decline Expected
Global semiconductor sales were $36.6 billion in October, a 2.9 percent increase sequentially from September but down 13.1 percent from October 2018, reported the Semiconductor Industry Association Tuesday. It’s projecting 2019 sales will decrease 12.8 percent before rising 5.9 percent…
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in 2020 and 6.3 percent in 2021. Though the market “slumped somewhat” in 2019, “the recent trend is more positive, with month-to-month sales increasing in October for the fourth consecutive month,” said SIA.