The year-on-year growth varied by geographical region but was similar to previous months with the Americas region being strongest with growth of 40.6 percent followed by Europe with annual growth of 19.9 percent. The weakest region, Japan, enjoyed annual growth of 15.1 percent.

The global chip market recorded its eighteenth consecutive month of year-on-year growth with a three-month average sales figure of $37.59 billion, according to the Semiconductor Industry Association (SIA) reporting figures compiled by the World Semiconductor Trade Statistics (WSTS) organization.

Three-month average of sales for December and January 2017. Source: SIA/WST

Global three-month average sales in January were 1.0 percent lower than the December 2017 total of $38.0 billion, reflecting normal seasonal market trends.

“With year-to-year sales also up across all major semiconductor product categories, the global market is well-positioned for a strong start to 2018,” said John Neuffer, CEO od the SIA, in a statement.

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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