Recently, the semiconductor industry association of the United States (SIA) released a data, saying that in May 2021, the global semiconductor industry sales reached US $43.6 billion, an increase of 26.2% compared with us $34.6 billion in May 2020, and an increase of 4.1% compared with us $41.9 billion in April.

In some regions, the SIA also gave detailed data. Europe grew by 31.2%, Asia Pacific / all other regions by 30.9%, China by 26.1%, America by 20.9%, and Japan by 20.4%.

As soon as the data came out, many netizens said, what's the matter? This time, China's chip growth has not caught up with the global average growth level? After all, the world is growing by 26.2%, while China is only growing by 26.1%. What's the matter?

So what's going on? In fact, this refers to the amount of global chip sales, that is, the market size. In May, the world sold 43.6 billion US dollars of chips, an increase of 26.1% over the same period last year. The amount of sales in China only increased by 26.1% over the same period last year.

So strictly speaking, it is not a bad thing that China does not catch up with the global average.It can only be said that the amount of chip purchased in China in May is not high compared with other countries and regions, that's all.

There are many reasons why the market demand in May is not large enough, such as the previous chip inventory is still large, so these manufacturers did not make unreasonable purchases in May, or because of the lack of core, the Chinese market can not purchase, and so on.

In fact, according to the data from the State Statistics Bureau, in May 2021, the production of integrated circuits in China was 29.87 billion yuan, an increase of 37.6% year-on-year, while in January-May, a total of 139.92 billion integrated circuits were produced, an increase of 48.3% year-on-year.

Obviously, China's chip capacity has increased dramatically this year. This growth rate is much higher than that of global semiconductor sales. This shows that China's chip capacity growth rate is far above the global average.

Even, on the other hand, global chip sales are growing at a high speed, while China's market is growing more slowly and domestic capacity is high, which may mean that we don't need to import so many chips this year, and we can save a lot of money. That's a good thing.