WASHINGTON—March 17, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the introduction in Congress of bipartisan legislation to restore full tax deductibility of R&D investments. The legislation, the American Innovation and Jobs Act, was introduced in the Senate by Sens. Maggie Hassan (D-N.H.) and Todd […]
Worldwide chip sales down 18.5% year-to-year WASHINGTON—March 3, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $41.3 billion during the month of January 2023, a decrease of 5.2% compared to the December 2022 total of $43.6 billion and 18.5% less than the January 2022 total of $50.7 billion. Monthly sales are […]
by Jennifer Meng, Director of Global Policy
A U.S. Semiconductor Industry Association delegation (SIA) will travel to Xiamen, China for the 75th World Semiconductor Council Joint Steering Committee (JSTC) meetings from March 7-10. The meetings will include our industry counterparts from China, Chinese Taipei, the EU, Japan, and Korea. This will be SIA’s first trip to China since the start of COVID […]
WASHINGTON—Feb. 28, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer in response to the Commerce Department’s release of a Notice of Funding Opportunity, a procedural step that sets in motion the process for companies to apply for manufacturing grants under the CHIPS and Science Act (see […]
WASHINGTON—Feb. 23, 2023—The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer regarding U.S. Commerce Secretary Gina Raimondo’s remarks today on implementation of the CHIPS and Science Act. “Secretary Raimondo has been a tireless advocate for the CHIPS and Science Act, the historic new law that will reinvigorate chip […]
WASHINGTON—Feb. 14, 2023—Semiconductor Industry Association (SIA) President and CEO John Neuffer today sent a letter to Office of Management and Budget Director Shalanda Young, encouraging her to include in the President’s Budget Request for Fiscal Year 2024 (FY24) full funding for research and workforce programs authorized by the CHIPS and Science Act of 2022. “SIA […]
by Robert Casanova, Director, Industry Statistics and Economic Policy
Global semiconductor sales data released last week showed the industry experienced significant ups and downs in 2022. While chip sales reached the highest-ever annual total in 2022, the slowdown in the second half of the year substantially limited growth. A deeper dive into the year-end data reveals how this pattern is consistent with the semiconductor […]
Note: This release reflects updated sales data released on March 3, 2023 Worldwide industry sales totaled a record $574.1 billion in 2022, but sales slowed significantly during second half of year WASHINGTON—Feb. 3, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $574.1 billion in 2022, the highest-ever annual total and an […]
The U.S. Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) today jointly announced plans to form a private-sector task force that will strengthen collaboration between the two countries in the global semiconductor ecosystem. Specific goals of the task force include the following: Developing a “readiness assessment” regarding the semiconductor ecosystem in […]
by Semiconductor Industry Association
SIA has long supported export control policy that safeguards national security without unduly harming the commercial innovation that is essential to America’s economy, national security, and technological leadership. Consistent with these longstanding efforts, SIA recently submitted detailed public comments regarding significant new semiconductor export control rules released on Oct. 7 by the Bureau of Industry […]
Worldwide chip sales down 9.2% year-to-year WASHINGTON—Jan. 9, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $45.5 billion during the month of November 2022, a decrease of 2.9% compared to the October 2022 total of $46.9 billion and 9.2% less than the November 2021 total of $50.0 billion. Monthly sales are […]
Last updated April 15, 2024 By enacting the CHIPS and Science Act in August 2022, policymakers in Washington took an historic step toward attracting investment in semiconductor production and innovation in the U.S. And while the new law must still be implemented effectively and efficiently to realize its potential, the CHIPS Act has already sparked […]
