Europe rises as chip market grew 21.6% in 2017

February 05, 2018 // By Peter Clarke
In 2017 the global semiconductor component was worth $412.2 billion, an increase of 21.6 percent over the value of the market in 2016, according to the European Semiconductor Industry Association (ESIA), reporting figures compiled by World Semiconductor Trade Statistics (WSTS).

In Europe, semiconductor sales reached $38.311 billion, an increase of 17.1 percent compared to the 2016 sales of $32.707 billion.

The global three-month average of sales for December was $37.98 billion up 22.5 percent on the same period in 2016. This is the equivalent to fourth quarter sales. All regions showed strong increases with the Americas region doing particularly well. Europe's three-month average sales for December were up by 20.2 percent compared to a year before.

Three-month average of sales for November and December 2017. Source: ESIA/WSTS.

Monthly data is given by the ESIA and SIA 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.

Related links and articles:

www.eusemiconductors.eu

www.wsts.org

News articles:

Global chip market is steady as she booms

Europe overtakes Asia in chip market growth

Americas region resurgent in global chip market

Europe's chip market now one third the size of China's


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