LONDON Europe was again the laggard in semiconductor growth in May, with the WSTS figures showing it fared worst in both the three month moving average and year-to-year calculations compared to other regions, and that it showed the largest decline, of 0.3 percent, for sales between April and May 2008.
The three month moving average of global chip sales was $21.8 billion in May, 7.5 percent higher than the $20.3 billion reported for May 2007, according to the Semiconductor Industry Association (SIA) and based on figures from WSTS.
May sales were 2.8 percent higher than the $21.2 billion reported for April 2008.
Year-to-year sales in Europe were up by 4.4 percent, to $3.41 billion. This compares with 9.5 percent growth for the period in Japan, the highest of the regions tracked, with sales up to $4.29 billion; 5.2 percent better in the Americas region with sales up to $3.52 billion; and 8.5 percent growth in Asia Pacific, with sales in May 2008 coming in at $10.6 billion.
Month-on-month sales in Asia pacific reached a huge 5.3 percent increase for May, with Japan down 0.1 percent on the previous month, and the Americas showing a growth of 1.8 percent.
According to SIA president George Scalise, the shift in demand patterns has major implications for the semiconductor industry. "While we haven’t seen a slowdown in U.S. consumer spending on electronic products, a slowdown in the U.S. today would not have the same impact it had in the past," said Scalise.
"The addition of more than 300 million consumers in other regions has created new opportunities for the worldwide microchip industry, and a more diversified market has helped to drive increased sales of semiconductors."
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