Americas’ chip market growth goes above 40%
In January the Americas market for semiconductors was 40.2 percent higher than a year before on a three-month average basis, according to the US Semiconductor Industry Association.
This phenomenal regional growth is up from 38.4 percent in December and 28.7 percent in Novermber.
Elsewhere China and Asia-Pacific growth is cooling off coming down to the low 20-percent range and Japan is flat with growth at 18.9 percent. Europe’s chip market is showing the second-highest rate of growth at 28.7 percent, according to the three-month average sales compiled by the World Semiconductor Trade Statistics organization and reported by the SIA.
As a result, the global semiconductor market in January 2022 was valued at US$50.74 billion up 26.8 percent on a year before. Global growth turned down slightly in January from 28.3 percent in December.
“Following record sales and units shipped in 2021, global semiconductor sales remained strong at the beginning of 2022, reaching the second-highest-ever monthly total in January,” said John Neuffer, CEO of SIA, in a statement. “Global sales in January increased by more than 20 percent for the tenth consecutive month on a year-to-year basis, and sales into the Americas increased by 40.2 percent year-to-year in January to lead all regional markets.”
Monthly data is given by the SIA as a three-month average although the source of the data, World Semiconductor Trade Statistics, tracks 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.
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