Chip market growth moderated in May  

Europe's three-month average chip sales in May pushed forward showing strengthening growth year-on-year while the rest of world saw growth rates decline, according to the European Semiconductor Industry Association (ESIA), that referenced the World Semiconductor Trade Statistics (WSTS) organization as its source.

The global three-month average of chip sales was $26.86 billion in May, up 8.8 percent over the equivalent figures in May 2013. The year-on-year growth moderated from 11.5 percent the previous month. Sequentially the three-month average sales were up 2.0 percent from $26.34 billion reported for April 2014.

Three-month average chip sales in April, May 2014. Source: ESIA/WSTS
Three-month average sales in the Americas region were up by 10.7 percent on an annual basis down from 14.7 percent the previous month. Sales in Europe were up by 10.1 percent an increase on 8.2 percent in the previous month. Asia-Pacific region May sales were up 8.6 percent of which the Chinese portion managed growth 19.8 percent annual growth.

Europe's three-month average chip sales in May pushed forward showing strengthening growth year-on-year while the rest of world saw growth rates decline, according to the European Semiconductor Industry Association (ESIA), that referenced the World Semiconductor Trade Statistics (WSTS) organization as its source.

In Europe there was strong demand in the discretes, analog, logic, MOS micro and optoelectronics. Sales of application-specific chip was also positive in May while the wireless market continues to be Europe's strongest end market, the ESIA said.
Monthly data is given by the ESIA as a three-month average, although the WSTS organization tracks actual monthly data. The ESIA 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.

Source:IEEE

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