China kicks chip market boom up a notch
Growth is up on the previous month in all the regions of the world monitored by World Semiconductor Trade Statistics organization. It is thought that much of these sales increases are the result of rising average selling prices (ASPs) for components, and particularly for memory components such as NAND flash memory and DRAM.
The three-month average for the global market grew by 20.9 percent year-on-year in April to stand at $31.30 billion, according to ESIA, which reports numbers compiled by the World Semiconductor Trade Statistics organization.
Europe and Japan continue to be laggards with growth rates just above 10 percent. Europe’s three-month averaged market was $2.98 billion in April, up 12.7 percent year-on-year while Japan’s was $2.91 billion, up 12.0 percent year-on-year. Meanwhile China, already nearly one-third of the global semiconductor market, recorded three-month average sales of $10.14 billion, up 30.0 percent year-on-year.
The Americas region is also growing rapidly with three-month average sales of $6.09 billion in April, up 26.9 percent compared with a year before.
Three-month average of sales for March and April 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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