The global three-month averaged chip market in July was worth $27.08 billion a sequential increase from the previous month but still down 2.8 percent on the same period in 2015, according to the European Semiconductor Industry Association (ESIA) reporting numbers from the World Semiconductor Trade Statistics (WSTS) organization.

However, the year-on-year fall was smaller than the 5.7 percent corrected annual decline recorded for June (see Global chip market still falling).

China has been rejoined by Japan as regions able to record a year-on-year increase in sales for the period and the Asia-Pacific region although down on the same averaged month in 2015 is only down by 1.2 percent. For the year-to-date the global market is 4.5 percent behind where it was over the same period in 2015.

Three-month average of sales for June and July 2016. Source: ESIA/WSTS.

The Americas and Europe are the worst performing regions. The Americas region showed three-month averaged sales in July of $5.1 billion, down 7.5 percent from the same period a year before. Europe with $2.695 billion of three-month averaged sales was down 4.9 percent, compared with the same period a year before.

All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization 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.

Related links and articles:

News articles:

Global chip market still falling

Falling sales raise prospect of chip market recession

Japan grows again as global chip market shrinks

Chip market decline deepens

Chip market off to slow start in 2016

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