Europe leads world in chip market growth
The year-on-year growth of 14.9 percent was ahead of the Asia-Pacific region at 11.2 percent and the Americas region, which grew by 8.1 percent.
The three-month average of global chip sales for July was $28.07 billion, up 9.9 percent over the equivalent figure in June 2013. The year-on-year growth was a slight dip from 10.1 percent recorded the previous month.
Sequentially the three-month average sales were up 2.4 percent from $27.40 billion in June 2014, a figure that had been moved down from $27.57 billion. No reason was given for the reduced figure.
Three-month average chip sales in June, July 2014. Source: ESIA/WSTS
The Americas region and Japan both saw year-on-year growth that declined from the previous month, in Japan’s case back to a lowly 2 percent. But Asia-Pacific growth strengthened while China’s weakened.
Robust growth was observed across the main product categories in Europe, with discrete devices, optoelectronics and MOS MPU performing particularly well.
Semiconductor devices designed to be used in specific applications saw an increased demand in July, with sales of devices to be used in computer and automotive applications growing particularly strongly.
In July, exchange rate effects continued to affect the European sales picture when comparing market growth in euros and in dollars. Measured in euro, the three-month average of semiconductor sales were €2.402 billion in July 2014, a 3.6 percent increase compared to June 2014 and a 10.2 percent increase from July 2013.
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.
Related links and articles:
News articles:
Global chip market growth accelerated in June
Chip market growth moderated in May
Chip market sustains double-digit percentage growth
European, analog chip markets on the up, says WSTS
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
