Global semiconductor sales fell 0.5% in September on a monthly basis, according to statistics released by the Semiconductor Industry Association, and 3% compared to September 2021, as demand continues to weaken ahead of numerous macroeconomic difficulties.

According to the SIA report, chip buying in September in the Americas region rose 11.5% compared to the same month in 2021 to total just over $12 billion, rising to $4.53 billion and $4.05 billion respectively. dollars are observed in Europe and Japan. However, those gains were more than offset by a 14.4% decline in the mainland China market to $14.43 billion over the same time frame, along with a 7.7% decline to $11.97 billion in all other markets.

The decline is the first year-over-year slowdown since January 2020, according to a statement released by SIA President and CEO John Neufer.

“However, the long-term market outlook remains strong as semiconductors continue to become a larger and more important part of our digital economy,” he said.

While Nueffer’s upbeat outlook is echoed by other long-term forecasts, there are several other near-term bearish indicators for global silicon makers, including recent earnings news from Intel, which said the company’s third-quarter revenue fell 20% year-over-year basis. The US-based chipmaker’s net income fell from $6.8 billion in the third quarter of 2021 to $1 billion in the latest report, an 85% drop.

The chip industry is facing structural turmoil caused by a shift in U.S. trade policy toward China, supply chain disruptions caused by Russia’s incursion into Ukraine and the prevailing view that the global economy is heading into recession, which has dampened demand.

Copyright © 2022 IDG Communications, Inc.

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