Americas, Europe drove chip sales in November, says SIA

Americas, Europe drove chip sales in November, says SIA
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Europe enjoyed a sixth consecutive month of chip market growth in a global market driven upwards by strong sales in the America's region, according to data from the Semiconductor Industry Association.
By eeNews Europe

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The three-month average for global chip sales in November 2013 recorded its ninth consecutive month of increasing sales at $27.24 billion, an increase of 6.8 percent from November 2012, the SIA said, referencing data compiled by the World Semiconductor Trade Statistics (WSTS) organization.

The largest year-on-year growth occurred in the Americas region, where the market was up by 18.6 percent. European annual growth was ahead of the Asia-Pacific region at 10.9 percent producing November averaged sales of $3.11billion. This was level with Japanese averaged sales for November but that country suffered an 8.8 percent annual drop. (see table below).

Three-month average chip sales in November by region, except for year-to-date highlighted in yellow which are actual sales figures. 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.

Global year-to-date sales in 2013 are up 4.5 percent with European sales for the first 11 months of 2013 running 4.9 percent ahead of the same period in 2013.

"Buoyed by sustained growth in the Americas and Asia Pacific and a recent rebound in Europe and Japan, the global semiconductor industry has shown increasing strength in 2013 and is on pace for record revenue," said Brian Toohey, CEO of the SIA, in a statement. "With solid momentum across all regions and most product categories, the industry is well-positioned for a strong start to the new year."

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