Chip sales up 6.5% globally in 2020 after year-end rush

Over the next 10 years, semiconductor manufacturing is going to grow 56%, John Neuffer, president and chief executive of Semiconductor Industry Association said.

SAN FRANCISCO: Global semiconductor sales rose 6.5% overall in 2020, as a recovery during the last three months of the year helped offset a sharp dropoff in March and April, when pandemic stay-home orders rolled out around the world.

Global sales were $439 billion in 2020, according to data from the Semiconductor Industry Association (SIA), a trade group that represents most U.S. chipmakers along with many international firms. The group said sales from U.S. chipmakers were about $208 billion, or about 47% of the total.