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The Global Semiconductor Monthly Report, March 2024

2024

AC-Suite favourite, the Global Semiconductor Monthly Report provides monthly analysis and commentary on the global semiconductor industry and the future market outlook and forecast.

January’s total IC sales were up 20.7 percent in value vs. the same period last year, with total Discretes down 9.4 percent and total Opto up 1.8 percent. The overall year-on-year total Semiconductor market grew 15.5 percent.

By comparison, the same datapoints for December were plus 19.0 percent for total Semiconductors and plus 23.3 percent, plus 3.4 percent, and minus 1.0 percent for Total ICs, Discretes and Opto respectively.  The overall semiconductor year-on-year growth, at 15.5 percent, was the third consecutive month of double-digit growth since the market turned positive in September 2023 but we continue to worry this is a false dawn and not a genuine recovery.  The numbers clearly look like growth but, with unit demand and the discrete sector still stubbornly sluggish, one day this value-driven growth is likely to vanish. You cannot have a real market recovery without units and discretes.

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