February chip sales up 61.8% YoY

“Global chip sales remained very strong in February, exceeding January’s totals and far outpacing sales from February of last year,” says SIA CEO John Neuffer, “sales into the Asia-Pacific region, the Americas, and China were all major drivers of year-to-year growth. Strong global demand is expected to persist during the remainder of the year, with annual sales projected to reach roughly $1 trillion globally.”

Year-on-year sales in February were up in Asia Pacific/All Other (93.5%), the Americas (59.2%), China (57.4%), and Europe (42.3%), but declined in Japan (-0.3%).

Month-to-month sales in January increased in the Americas (12.6%), Europe (10.2%), Asia Pacific/All Other (6.0%), China (3.6%), and Japan (3.0%).