30.6 C

SIA: The Global semiconductor sales reached $50.7 billion in January 2022

In 2022, the world is already witnessing a lot of things including war, massive outage and a lot more, however, the demand for semiconductors remain the same or say is increasing exponentially. The Semiconductor Industry Association (SIA) has announced the global semiconductor industry sales in January 2022 will be $50.7 billion.

The staggering sales figures go to show the increasing demand for chips across the globe and there’s a sales increase of 26.8% from $40 billion in January 2021 but compared to December 2021’s $50.9 billion you see a minor decrease of 0.2%.

SIA: The Global semiconductor sales reached $50.7 billion in January 2022

SIA President and CEO John Neuffer said, “Following record sales and shipments in 2021, global semiconductor sales remain strong in early 2022, reaching the second-highest monthly sales on record in January.”

“Global semiconductor sales in January increased by more than 20% year-on-year for the tenth consecutive month, with sales in the Americas increasing by 40.2% year-on-year, leading all regional markets.” John Neuffer said.

- Advertisement -TechnoSports-Ad

via ITHome


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Raunak Saha
Raunak Saha
A cs engineer by profession but foodie from heart. I am tech lover guy who has a passion for singing. Football is my love and making websites is my hobby.



Related Stories

More from author

Redefining Connectivity: itel Launches Super Guru 4G with YouTube Support and UPI Integration

In an era dominated by smartphones, itel has recognized a persistent demand for keypad phones and responded to it with the introduction of the...

Exclusive interview with Deepak Malik, CEO of Stupa Sports Analytics: Sports Technology and AI Fueling the Growth

In the fast-paced world we live in today, technology has become an integral part of our daily lives, weaving its innovative threads into the...

Lexar amplifies its Indian Market Presence with Kaizen Infoserve as an Exclusive Service Partner

In a significant move designed to enhance its service infrastructure and customer support in India, Lexar, a titan in the global memory and storage...

Demon Slayer’s Star-Studded Event Ignites Excitement Among Indian Anime Enthusiasts

In an unprecedented gathering that has set the Indian anime community abuzz, fans of the globally acclaimed series Demon Slayer recently experienced a day...