Global semiconductor sales top half a trillion dollars for first time as chip production gets boost

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Global semiconductor sales top half a trillion dollars for first time as chip production gets boost
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In 2021, global semiconductor industry sales reached a record $555.9 billion, up 26.2% year on year, the U.S.-based Semiconductor Industry Association said.

In 2021, global semiconductor industry sales reached a record $555.9 billion, up 26.2% year on year, the U.S.-based Semiconductor Industry Association said.China remained the biggest market with sales there totaling $192.5 billion in 2021.

In 2021, global semiconductor industry sales reached a record $555.9 billion, up 26.2% year on year, the U.S.-based Semiconductor Industry Association said on Monday."In 2021, amid the ongoing global chip shortage, semiconductor companies substantially ramped up production to unprecedented levels to address persistently high demand, resulting in record chip sales and units shipped," said John Neuffer, SIA president and CEO.

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