The global chip market that has recorded its fourteenth consecutive month of year-on-year growth with a three-month average sales figure of almost $36 billion in September, according to the Semiconductor Industry Association reporting figures compiled by World Semiconductor Trade Statistics (WSTS) organization. The record-breaking figure was an increase of 22.2 percent over September 2016's three-month average of $29.4 billion.
The Americas' region with a three-month average of $8.0 billion of sales showed an exceptional annual growth rate of 40.7 percent while some other regions fell back from previous growth rate highs.
Europe improved its annual growth rate with three-month average sales in September of $3.28 billion. The year-on-year growth was up 19.0 percent but the market is less than half the size of the US and less than a third the size of the Chinese chip market.
Three-month average of sales for August and September 2017. Source: SIA/WSTS
The Asia-Pacific and China regions fell back from annual growth rates of above 20 percent in previous months to 16.8 and 19.9 percent respectively in September. Similarly, Japan showed relatively low growth in its market of 11.9 percent.
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