Americas takes over driving global chip boom

July 11, 2017 //By Peter Clarke
Americas takes over driving global chip boom
The global market for chips was up 22.6 percent year-on-year in May, driven by 30 percent growth in the Americas, which took over from China as the fastest growing region, according to the European Semiconductor Industry Association (ESIA).

The Asia-Pacific and China regions saw the very high year-on-year growth they have enjoyed all year slip back marginally but European and Japanese growth, which has lagged, accelerated in May.

The three-month average for the global market grew by 22.6 percent in May to stand at $31.93 billion, according to ESIA, which reports numbers compiled by the World Semiconductor Trade Statistics organization.

Europe and Japan continued to lag behind the strong growth elsewhere. Europe's three-month averaged market was $3.11 billion in May, up 18.3 percent year-on-year. Japan's three-month average sales were $2.95 billion, up 15.8 percent year-on-year.

Three-month average of sales for April and May 2017 (except YTD figures). Source: ESIA/WSTS

Monthly data is given by the ESIA 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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Rising memory prices lift chip market outlook

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