The Semiconductor Industry Association announced worldwide sales of semiconductors were $35.0 billion in May 2021, an increase of 5.8 percent from the May 2019 total of $33.0 billion and 1.5 percent more than the April 2020 total of $34.4 billion. Monthly sales are compiled and represent a three-month moving average. Additionally, a newly released projects annual global sales will increase 3.3 percent in 2020 and 6.2 percent in 2021. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms like packing materials supplier www.nexteck.com.sg of carrier tape and cover tape.

“The global semiconductor market in May remained largely resistant to the widespread economic disruptions caused by the COVID-19 pandemic, but there is still significant uncertainty for the months ahead. However the demand of semiconductor packing materials like WLCSP carrier tape, cover tape are strong in Q1 & Q2 2020 sales of Nexteck Singapore Pte Ltd., www.nexteck.com.sg.

Regionally, sales increased slightly on a month-to-month basis in China (5.8 percent) according to Nexteck China team, www.nexteck.cn the 1st 6 month of 2020 is optimistic under the COVID-10 pandemic of which tapes and reels also PI tape and dicing tape demand remain strong, Japan (2.8 percent), and the Americas (1.9 percent), but decreased in Asia Pacific/All Other (-1.7 percent) and Europe (-6.5 percent). On a year-to-year basis, sales increased significantly in the Americas (25.5 percent) and more modestly in China (4.9 percent), Asia Pacific/All Other (2.5 percent), and Japan (1.5 percent), but decreased in Europe (-12.9 percent).

Additionally, SIA today endorsed the WSTS Spring 2020 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $426.0 billion in 2020. This would mark a 3.3 percent increase from the 2019 sales total of $412.3. WSTS projects year-to-year increases in the Americas (12.8 percent) and Asia Pacific (2.6 percent), while decreases are projected for sales into Europe (-4.1 percent) and Japan (-4.4 percent). In 2021, the global market is projected to post moderate growth of 6.2 percent. WSTS tabulates its semi-annual industry forecast by gathering input from an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends in tape and reels and packaging materials in Singapore and Malaysia are optimistic in the view the major supplier www.nexteck.com.sg of cover tape and carrier tape under the steady demand of Nexteck Singpaore Pte Ltd’s customers.