US Global Chip Production Share Fell to 12% in 2020 From 37% in 1990: SIA
Global semiconductor sales reached $439 billion in 2020, up 6.5% from 2019, reported the Semiconductor Industry Association Monday. Sales of $117.5 billion in Q4 were 8.3% higher than the 2019 quarter and up 3.5% sequentially. Sales in 2020 were up…
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“moderately” from 2019, “weathering a challenging macroeconomic environment brought on by the pandemic and other factors,” said SIA CEO John Neuffer. Though global semiconductor demand is on the rise, U.S. share of worldwide chip production declined to 12% in 2020, from 37% in 1990, he said: “That disparity will only intensify without U.S. government action to level the global playing field. It’s imperative the federal government fully fund incentives for domestic chip manufacturing and investments in chip research.”