That figure represents a 4.9 percent increase over July 2019's total of $33.5 billion and is 2.1 percent greater than in June 2020, when total sales were valued at $34.5 billion.
Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organisation and represent a three-month moving average. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
"The global semiconductor market has remained largely resistant to global macroeconomic headwinds through the first seven months of the year, with sales in July increasing on both a year-to-year and month-to-month basis, but substantial market uncertainty remains for the rest of the year,” said John Neuffer, SIA president and CEO. “Sales into the Americas remained strong in July, increasing 26 percent year-to-year, and year-to-year sales were up globally among both memory and non-memory products.”
Regionally, sales increased on a year-to-year basis in the Americas (26.3 percent), China (3.5 percent), and Asia Pacific/All Other (1.4 percent), but decreased in Japan (-0.4 percent) and Europe (-14.7 percent).
On a month-to-month basis, sales increased across all regions: Asia Pacific/All Other (4.5 percent), Japan (3.4 percent), Europe (3.2 percent), the Americas (0.9 percent), and China (0.5 percent).