Sales in Europe and Japan declined year-over-year, indicating that the market in these regions remains challenging. In terms of sequential growth, except for Asia Pacific and Europe, sales in other regions increased, indicating the overall market recovery trend.
Chart:2024 Global chip sales by region
Data source:World Semiconductor Trade Statistics Organization (WSTS), CIC Industrial Development Research Institute (April 2024)
In terms of products, logic products and automotive ics show strong growth potential, while the regional market pattern shows the uneven nature of the market recovery.