US hurting under global chip market’s February fall
The year got off to weak start with a three-month averaged global chip market for February 2019 of $32.86 billion, down 7.3 percent sequentially and down 10.6 percent annually.
The Americas region is hurting the most while Europe is hurting the least, mainly due to its lack of exposure to consumer electronics and its strong reliance on industrial and automotive electronics. The Americas’ annual fall of 22.9 percent is followed by China on 8.5 percent. Asia-Pacific excluding Japan and China fell by 7.2 percent and Japan by 5.9 percent.
Europe’s market for chips fell by 3.0 percent compared with the same period a year before.
Three-month average of chip sales by geographic region for January and February 2019. 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 evens out the actual data that typically shows troughs at the beginnings of quarters and peaks at the ends of quarters.
Related links and articles:
News articles:
Europe last to know about chip market downturn
US dips in chip market’s fourth quarter flatness
Chip market growth dips below 10 percent
Chip market growth continues to soften
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