Global chip sales in April fell more than 20% from a year ago for yet another month where revenue has dropped off by a fifth or more from last year’s record sales, according to an industry trade group late Tuesday. April sales fell 21.6% to $40 billion from April 2022’s $50.9 billion, according to the Semiconductor Industry Association. The trade group now expects the market to fall 10.3% in 2023, with a rebound of 11.9% growth in 2024, using World Semiconductor Trade Statistics forecast data.
6% to $40 billion from April 2022’s $50.9 billion, according to the Semiconductor Industry Association. The trade group now expects the market to fall 10.3% in 2023, with a rebound of 11.9% growth in 2024, using World Semiconductor Trade Statistics forecast data.
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