Monday (Nov. 30), when compared with the previous month.
In the eastern hemisphere China resumed its position as the strongest growth market.
European sales averaged across August, September and October were $2.81 billion, up 7.5 percent compared with the equivalent figure in September. However, when compared with the three-month average (TMA) for October 2008, the European market has contracted by 17.8 percent, by far the largest drop of all the world's regions.
In contrast, the Americas region achieved TMA sales of $3.66 billion, up 5.9 percent compared with September 2009 and up 14.1 percent compared with October 2008.
This reflects that the Americas, predominantly the United States, went in to a chip recession, prompted by a global economic crisis, earlier and faster than other regions but has also resumed growth earlier. Europe has contracted much more than other regions and recovery has begun later. Europe's 2009 sales for the first ten months of 2009 are 28.4 percent down on the equivalent period in 2008, according to statistics from the European Semiconductor Industry Association (ESIA).
The eastern hemisphere markets for semiconductors are much larger than those in the west and growth figures are more modest. Japan achieved TMA sales in October of $3.74 billion, up 3.3 percent from the previous month and down 11.6 percent on October 2008. The China market was $4.30 billion, up 5.7 percent compared to the previous month and up 0.7 percent compared with a year before.
The Asia-Pacific region excluding the Japan and China markets was $7.18 billion. Chinese market growth was the highest in the eastern hemisphere.
ESIA publishes numbers from the World Semiconductor Trade Statistics organization as a three-month average in line with the Semiconductor Industry Association (SIA). The SIA argues that this smoothes out the data which would otherwise display the effects of in-quarter reporting that tend to treat March, June, September and December as five-week months.
Related links and articles:
European chip market continues slow recovery
Comment: ESIA exposes Chinese chip sales
China chip market growth below rest of Asia-Pacific, says ESIA