Global chip sales experienced a significant boost in November, marking the first increase in over a year. This surge indicates a rebound in demand, primarily driven by emerging technologies such as artificial intelligence (AI). According to the Semiconductor Industry Association, worldwide semiconductor revenue reached $48 billion in November, reflecting a 5.3% growth compared to the previous year.
The semiconductor industry plays a crucial role in our digitally reliant world, serving as a key component for various products and services. Over the past year, the sector has faced challenges due to diminished demand in key markets like smartphones, along with the impact of higher interest rates on economic growth and trade.
Samsung Electronics Co., the leading memory chipmaker globally, recently reported its sixth consecutive quarter of declining operating profit, accompanied by a decline in revenue. Although memory chips constitute only a portion of the global chip market, this downward trend suggests that the path to recovery may not be straightforward for all manufacturers.
In terms of geographic distribution, China emerged as the driving force behind the uptick in global chip sales, with an impressive 7.6% increase compared to the previous year. The Americas and Europe also witnessed positive growth, with chip sales rising by 3.5% and 5.6% respectively. On the other hand, sales to Japan experienced a decline of 2.8%.
The Semiconductor Industry Association, representing 99% of the US chip industry’s revenue and a significant portion of non-US chip firms, compiles the sales data released by the World Semiconductor Trade Statistics.
The recent surge in global chip sales provides a glimmer of hope for the industry, supporting the notion that emerging technologies, particularly AI, are driving demand. However, the uneven growth among manufacturers emphasizes the need for careful observation while navigating the path to recovery.
The source of the article is from the blog coletivometranca.com.br