The global chip market recorded its nineteenth consecutive month of year-on-year growth with a three-month average sales figure of $36.75 billion, according to the Semiconductor Industry Association (SIA) reporting figures compiled by the World Semiconductor Trade Statistics (WSTS) organization.

Growth in the Americas, China and Asia-Pacific regions fell back while growth in Europe and Japan was higher than it was in the previous month.

The Americas region remains strongest with annual growth of 37.7 percent, followed by Europe with annual growth of 21.7 percent. Japan, the weakest region, improved its annual sales growth to 15.5 percent.

Three-month average of sales for January and February 2018. Source: SIA/WST

Global three-month average sales in February were 2.2 percent lower than the January three-month average total of $37.6 billion, reflecting typical seasonal market trends.

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 ESIA 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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