Global chip sales up 11% in February
The strong year-on-year jump may partly reflect that the Chinese New Year fell in February 2103 but in not in February 2014. This suggests that annual growth may moderate in March.
The February 2014 three-month averaged global sales were 1.5 percent lower than the January 2014 total of $26.26 billion, which had been revised downwards from $26.28 billion. However the February sequential decline was less than normal seasonal trends.
Regionally sales in the Americas, up by 18.0 percent compared to last Febuary, and Asia-Pacific region was up by 12.0 percent. Europe showed 9.6 percent annual growth. Sales in the Japan region declined by 0.2 percent.
Three-month average chip sales in February 2014. Source: SIA/WSTS
Monthly data is given by the SIA as a three-month average, although the WSTS organization tracks actual monthly data. The SIA and other regional semiconductor industry bodies opt to use averaged data because it smoothes the actual data that typically show troughs at the beginnings of quarters and peaks at the ends of quarters.
"The trend lines remain positive for the global semiconductor industry, which has followed record revenues in 2013 with an encouraging start to 2014,” said Brian Toohey, president and CEO, Semiconductor Industry Association. “The Americas market continues to demonstrate impressive growth, while sales in Asia Pacific and Europe also increased substantially year-to-year, and the Japanese market continued its recent rebound."
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