Chips sales set new August record

Global semiconductor sales reached 53.1 billion dollars in August, an increase of 3.5 percent sequentially and 20.6 percent year-to-year. “The global semiconductor market continued to grow substantially in August, hitting its highest-ever sales total for the month of August, and month-to-month sales increased for the fifth consecutive month,” says John Neuffer, CEO of the Semiconductor Industry Association, which publishes the monthly sales on a three-month moving average. The data itself is compiled by the World Semiconductor Trade Statistics.