The global semiconductor sector experienced a decline in sales by approximately $47 billion, totaling around $527 billion in 2023, as estimated by the Semiconductor Industry Association.
Despite this sharp drop compared to 2022, statistics confirm a revival in sales during the second half of 2023.
This indicates a strong recovery and positive outlook for the near future in the global semiconductor sector.
In 2023, the semiconductor sector produced chips worth $526.8 billion, marking an 8.2% decrease compared to 2022 when sales amounted to $574.1 billion.
The resurgence in sales in the latter part of 2023 signifies a promising trend for the semiconductor industry, hinting at potential growth opportunities on the horizon.
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