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Home»Economy»Global chip demand continues to decline
Economy

Global chip demand continues to decline

cryptossorBy cryptossorJanuary 11, 2023No Comments1 Min Read
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According to the Semiconductor Industry Association (SIA) data, global chip demand fell in November after September and October. Accordingly, China’s chip sales decreased by 21.2 percent, from $17.02 billion in November 2021 to $13.4 billion.

Sales in China suffered the biggest annual decline since July, according to SIA data.

China became the world’s largest semiconductor market with $192.5 billion in 2021.

In November, worldwide chip sales decreased by 9.2 percent compared to November 2021, from $ 50.09 billion to $ 45.48 billion. Global chip demand was $47 billion in September, down 3%.

China’s chip imports decreased by 11.7 percent in the 11 months ended November to $250.5 billion.

foreks.com

Billion Dollar Chip November
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