LONDON The three-month average of global sales of semiconductors for April was $23.579 billion, up 2.25 percent compared with the previous month and up 50.4 percent compared with the year before, according to the European Semiconductor Industry Association (ESIA).
The ESIA reported figures compiled by the World Semiconductor Trade Statistics (WSTS) as a three-month average of the actual sales numbers. It is argued 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.
The averaged figure has come in ahead of the expectations of analysts and was a record for the second month running.
Analysts with Carnegie Investment Bank AB (Oslo, Norway) had predicted that April's 3MMA would be $22.9 billion and industry analyst Mike Cowan predicted that the figure would be $22.8 billion, both slightly down from the $23.06 billion recorded for March.
Growth of semiconductor sales in Europe stayed positive and even achieved a record high of 42.9 percent compared to the same month in 2009. The region showed an April 3MMA of $3.10 billion.