Global Semiconductor Annual Sales Projected to Increase 26% in 2021, Exceed $600 Billion in 2022
The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $48.8 billion in October 2021, an increase of 24.0% from the October 2020 total of $39.4 billion. “Global semiconductor demand remained high in October, with year-to-year sales increasing substantially across all major regional markets,” said John Neuffer, SIA president and CEO. “Annual chip sales and units shipped are projected to reach all-time highs in 2021, with moderate an