LONDON The three-month moving average of European sales of semiconductors declined by 13.9 percent in November to $3.17 billion compared to sales of $3.68 billion in November 2007, averaged on the same basis, according to the Semiconductor Industry Association (SIA), which referenced World Semiconductor Trade Statistics as its source.
However, Europe's fall was less than that of the Americas region, which dropped to $3.08 billion in November, a 19.5 percent fall from $3.83 billion in November 2007. Of the four regions measured by the WSTS and SIA the Americas is now the smallest region for semiconductor chip sales.
In contrast the Asia-Pacific and Japanese regions fell relatively small amounts year-on-year. Asia-Pacific region remains the world's largest with sales in November at $10.53 billion, down 6.2 percent from $11.23 billion in November 2007. Japan's sales in November were $4.06 billion, down 7.3 percent from $4.39 billion in November 2007, according to the SIA figures.
The SIA Global Sales Report is a three-month moving average of sales activity. The moving average is a mathematical smoothing technique that mitigates variations due to differences in companiesí financial calendars.
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