The Semiconductor Industry Association reported the first fall in global semiconductor sales since July 2016. The volume of their sales in January fell by 5.7% compared to the same month a year earlier, reaching $35 billion 470 million. The decline against December was 7.2%. Sales in this area showed a record level over the past 3 years. In 2018, they reached 469 billion dollars. In January of this year, sales growth for the month was noted only in Europe, where the figure rose by 0.2%. The remaining regions recorded the fall. Thus, in North and South America, sales decreased by 15.3%, in China - by 3.2%. Nevertheless, the Association is expecting a recovery in sales against the background of the continued demand for chips for artificial intelligence, the Internet of things, virtual reality and other products for which demand will grow.
Samsung Electronics’ first-quarter profit hits 3%, surpassing forecasts06.04.2020
UK car sales plummet by 40% amid coronavirus pandemic02.04.2020
China removes restrictions on car purchases to increase sales31.03.2020
Pandemic crisis to hit economic growth in Asia, China, World Bank says