Chip market maintains strong growth
In April, the global chip market recorded its twenty-first consecutive month of year-on-year growth with a three-month average sales figure of $37.59 billion. The Americas region continues to show strongest growth with three-month averaged sales figures for April up 34.1 percent on the equivalent averaged figure for April 2017.
The year-on-year growth rate in China, Europe and Japan strengthened to and 22.1, 21.4 and 14.6 percent respectively. The year-on-year growth rate in Asia-Pacific excluding Japan and China softened to 10.2 percent.
Three-month average of sales for April and March 2018. Source: SIA/WSTS.
“The global semiconductor industry has posted consistently strong sales so far in 2018, and the global market has now experienced year-to-year growth of greater than 20 percent for 13 consecutive months,” said John Neuffer, CEO of the Semiconductor Industry Association, in a statement. “Although boosted in part by impressive growth in the memory market, sales of non-memory products also grew by double digits in April on a year-to-year basis, and all major regional markets posted double-digit year-to-year gains. The global market is projected to experience significant annual growth this year, with more modest growth expected next year.”
Monthly data is given by the SIA and other bodies 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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