1. SIA: GLOBAL SEMICONDUCTOR SALES FELL 8.7% IN THE FIRST QUARTER  According to the Semiconductor Industry Association (SIA), global semiconductor sales totaled $119.5 billion in the first quarter of 2023, down 8.7% from the fourth quarter of 2022. “Semiconductor sales continued to slip during the first quarter of 2023 due to market cyclicality and macroeconomic […]

1. MANUFACTURERS SCALE BACK GROWTH EXPECTATIONS  Expectations for U.S. manufacturing growth have diminished since the Institute for Supply Management’s year-end outlook in December. Revenue for 2023 is expected to increase, on average, by 1.7 percent. This is 3.8 percentage points lower than the December 2022 forecast of 5.5 percent. “Manufacturing continues its comeback from the […]

1. BLOOMBERG: US CHIP IMPORTS UP 13% IN Q1  According to Bloomberg, U.S. chip imports rose 13% to $15.4 billion in the first quarter of this year. The report indicates that chip exports from China to the US fell by 10.8%, from Malaysia by 33%. Meanwhile, Thailand has doubled and India has increased 38 times […]

1. UK ANNOUNCES SEMICONDUCTOR PARTNERSHIP WITH JAPAN British Prime Minister Rishi Sunak has announced a semiconductor partnership with the Japanese government, seeking to reduce risk by diversifying its chip supply chain, according to reports. Sunak said its semiconductor partnership with Japan will include R&D collaboration and skills exchange, strengthening each country’s domestic sector and enhancing […]