In 2021 the global semiconductor sales break through $500 billion, hit a new high! It is worth mentioning that China is still the world's largest semiconductor market.

On February 16, the semiconductor industry association (SIA) released data show that in 2021 global semiconductor sales break through $500 billion for the first time, to a record high, the reason is that in the case of a global shortage of chips, the company increased production to meet demand. SIA is expected, with the chip industry to expand capacity, to increase by 8.8% in 2022.

Specific view, in 2021 the global semiconductor industry sales reached a record $555.9 billion, up 26.2% from a year earlier. The semiconductor industry shipments reached a record 1.15 trillion last year. Growth in demand for car level chip, biggest sales growth of 34% over the previous year, amounted to $26.4 billion.

According to the subdivision category, analog chips (often used in automotive, consumer products), the highest annual average growth rate of 33.1%, in sales in 2021 reached $74 billion. Logic chip sales growth of 30.8%, sales of $154.8 billion. Memory chip sales grew by 30.9% year on year, sales of $153.8 billion.