Revenue from June semiconductor sales jumped 29.2% globally to $44.5 billion and increased 2.1% sequentially from May, reported the Semiconductor Industry Association Monday. Q2 revenue of $133.6 billion was up 29.2% over 2020's second quarter and was 8.3% higher than in Q1, it said. “Demand for semiconductors is projected to continue to rise substantially in the long term, as the world continues using chips to become smarter, greener, more productive, and better connected,” said SIA CEO John Neuffer. Year-over-year June revenue increased 43.2% in Europe, 34% in Asia Pacific, 28.3% in China, 22.9% in the Americas and 21.2% in Japan, said SIA.
Medium earth orbit space relay network startup SpaceLink joined the Satellite Industry Association, SIA said Tuesday.
Global chip industry sales were $43.6 billion in May, up 26.2% year on year and 4.1% up from April, reported the Semiconductor Industry Association Tuesday. Demand remained high across major regional markets, said SIA President John Neuffer. “The industry shipped more units on a three-month moving basis in May than during any previous month in the market’s history.” Neuffer said production has ramped up significantly to address rising demand.
Global chip industry sales were $43.6 billion in May, up 26.2% year on year and 4.1% up from April, reported the Semiconductor Industry Association Tuesday. Demand remained high across major regional markets, said SIA President John Neuffer. “The industry shipped more units on a three-month moving basis in May than during any previous month in the market’s history.” Neuffer said production has ramped up significantly to address rising demand.
Global chip industry sales were $43.6 billion in May, up 26.2% year on year and 4.1% up from April, reported the Semiconductor Industry Association Tuesday. Demand remained high across major regional markets, said SIA President John Neuffer. “The industry shipped more units on a three-month moving basis in May than during any previous month in the market’s history.” Neuffer said production has ramped up significantly to address rising demand.
The 3,371 satellites in orbit at the end of 2020 was up 144% from 2015, with low earth orbit satellites driving most of that growth, the Satellite Industry Association said Wednesday in its annual "State of the Satellite Industry" report, prepared by Bryce Tech. Communications was 48% of that 3,371, up from 28% in 2019, followed by remote sensing (20%), U.S. entities operate more than 1,900 satellites, some in partnership with other countries, it said. There are 562 active satellites in geostationary orbit, eight more than in 2019, with most providing communications, it said. Overall satellite industry revenue in 2020, at $271 billion, was flat year over year.
The 3,371 satellites in orbit at the end of 2020 was up 144% from 2015, with low earth orbit satellites driving most of that growth, the Satellite Industry Association said Wednesday in its annual "State of the Satellite Industry" report, prepared by Bryce Tech. Communications was 48% of that 3,371, up from 28% in 2019, followed by remote sensing (20%), U.S. entities operate more than 1,900 satellites, some in partnership with other countries, it said. There are 562 active satellites in geostationary orbit, eight more than in 2019, with most providing communications, it said. Overall satellite industry revenue in 2020, at $271 billion, was flat year over year.
A bipartisan group of lawmakers on the Senate Finance Committee introduced a bill last week they say will strengthen semiconductor supply chains by incentivizing more domestic manufacturing. The Facilitating American-Built Semiconductors (FABS) Act, like several similar bills proposed in recent months (see 2106100028), would introduce investment tax credits for investments in semiconductor manufacturing and other incentives for the semiconductor industry, the senators said June 17. An emphasis would be placed on manufacturing of “specialized tooling equipment” required in the semiconductor manufacturing process. Committee Chair Ron Wyden, D-Ore., and top Republican Mike Crapo, R-Idaho, introduced the bill with four other committee members as co-sponsors.
Semiconductor Industry Association CEO John Neuffer was unfazed by criticism of fully funding the Chips Act to promote long-term leadership and resilience in U.S. chipmaking -- as last week’s White House supply chain report recommended (see our report here). This won't become a handout to wealthy chip companies and will be the incentive the industry seeks to boost U.S. standing in global semiconductors, he said. The U.S. Innovation and Competition Act (S-1260) cleared the Senate last week by “a very strong bipartisan vote” with $52 billion in U.S. chipmaking and R&D incentives, he told an Information Technology and Innovation Foundation webinar Wednesday. “Now the battle goes to the House, and we’re very optimistic that something good is going to come out of that, so that the president will have a bill to sign.” The way that Chips Act funding in S-1260 is structured, “sure, there’s going to be grants involved, but there’s going to be far more investments required from private sector players,” said Neuffer. “These are solid companies that have to have a lot of capital to be able to do these kinds of investments.” The most “leading-edge” fabs cost $30 billion to build, he said. No policymaker should “adopt a goal of decoupling” U.S. chip production from global supply chains that are heavily concentrated in East Asia, said Neuffer. He cited a September SIA-Boston Consulting Group report.
Semiconductor Industry Association CEO John Neuffer is unfazed by criticism that fully funding the Chips Act to promote long-term leadership and resilience in U.S. chipmaking -- as last week’s White House supply chain report recommended (see 2106080008) -- will become a handout to wealthy chip companies, not the incentive the industry seeks to boost U.S. standing in global semiconductors, he told an Information Technology and Innovation Foundation webinar Wednesday.