That’s according to the European Semiconductor Industry Association, reporting numbers from the World Semiconductor Trade Statisitics organization.
Three-month average of sales for August and September 2016. Source: ESIA/WSTS.
The global three-month averaged chip market in September was $29.435 billion, an increase of 3.6 percent over the September 2015 three-month averaged total of $28.411 billion and a significant uptick from the 0.5 percent year-on-year growth reported in August.
Year-on-year sales increased 12.0 percent in China, by 4.2 percent in Japan and by 1.7 percent in the Asia-Pacific Region excluding China and Japan. As the eastern hemisphere now accounts for more than 70 percent of global chip sales the growth more than offset the 4.0 percent year-on-year decline in Europe and the 2.4 percent year-on-year decline the Americas region.
As a result chip sales for the first nine months of 2016 are now just 2.6 percent behind the same period in 2015 and there is the prospect of 2016 actually being a growth year, which would round counter to the predictions of almost all market forecasters over recent months (see Global chip market to shrink for three years, says IHS ).
All monthly sales numbers are compiled by WSTS and represent a three-month moving average. Monthly data is given by the ESIA as a three-month average, although the WSTS organization tracks actual monthly data. The ESIA and other regional semiconductor industry bodies opt to use averaged data because it evens out the actual data that typically show troughs at the beginnings of quarters and peaks at the ends of quarters.
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