The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $119.5 billion during the 1Q23, a decrease of 8.7 percent compared to the 4Q22 and 21.3 percent less than the 1Q22. However, the 3MMA sales for the month of March 2023 increased 0.3 percent compared to February 2023. his is the first uptick in sequential three-month moving average (3MMA) since May 2022. Also, the annual decline, while exceptionally deep, was only slightly worse than the 20.7 percent decline reported in February.
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