China keeps global semiconductor market going strong

November 07, 2018 // By Peter Clarke
The global chip market was up 13.8 percent year-on-year in September, according to the Semiconductor Industry Association (SIA) reporting figures compiled by the World Semiconductor Trade Statistics (WSTS) organization.

The three-month averaged sales figure for August was $40.91 billion, up 13.8 percent from the same three-month average a year before and a slight decrease in annual growth from the previous month.

China continued to be the strongest region and showed exception annual growth in its three-month average market up to $14.35 billion, up 26.3 percent. The Asia-Pacific region excluding China and Japan is the next largest with three-month-average sales of $10.42 billion but annual growth of only 2.4 percent.

The Americas region with sales of $9.20 billion achieved strong growth of 15.1 percent while Europe and Japan had growth of 8.8 and 7.2 percent, respectively.

Three-month average of sales for August and September 2018. Source: SIA/WSTS.

"Three-quarters of the way through 2018, the global semiconductor industry is on pace to post its highest-ever annual sales, comfortably topping last year’s record total of $412 billion,” said John Neuffer, SIA CEO, in a statement. "Year-to-year sales in September were up across every major product category and regional market, with sales into China and the Americas continuing to lead the way," he added.

With year-to-date sales of about $348 billion, the global chip market is 16.7 percent ahead of the first nine months of 2017 and is on course to reach in excess of $450 billion, potentially as high as $480 billion.

Monthly data is given by the SIA and other bodies as a three-month average, with the exception of year-to-date figures, although the WSTS organization tracks actual monthly data. The SIA and other regional semiconductor industry bodies opt to use averaged data because it evens out the actual data that typically shows troughs at the beginnings of quarters and peaks at the ends of quarters.

Related links and articles:

www.semiconductors.org

www.wsts.org

News articles:

Global chip market up 15% in August

European growth softens as global chip market rises higher

Chip market maintains strong growth

Global chip market up 20% year-on-year in first quarter


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