Semiconductor Industry Sees Steady Growth in Q2 2023, Promising Signs for the Rest of the Year – Telecom Lead

The Semiconductor Industry Association (SIA) revealed that the global semiconductor sales for the second quarter of 2023 reached $124.5 billion, showing a notable 4.7 percent increase compared to the previous quarter. While this indicates a positive trend for the industry, it also signifies a 17.3 percent decline when compared to the second quarter of 2022, SIA said in its report.