LONDON Sales of semiconductors in Europe fell by 3.1 percent in February to $3.33 billion from the previous month according to figures from the Word Semiconductor Trade Statistics association.
Measured in unit volumes, European sales were up 8 per cent year-on-year, indicating the strong impact reduced average selling prices are having on the industry.
Overall the three-month moving average of global chip sales came in at $20.44 billion for February, up 1.5 percent from the corresponding month last year, and in line with normal seasonal patterns for the industry.
The figure was down 4.9 percent from the three-month average reported for January, December 2007 when the industry reported sales of $21.48 billion.
For Europe, the chip sales figure of $3.33 billion represents a 0.1 percent decrease compared to the previous month.
The exchange rate of the Euro to the dollar widened the impact on the growth data to record levels, according to the European Semiconductor Industry Association (ESIA).
Measured in Euros, chip sales in February came in at 2.28 billion, down 3.2 percent on the previous month and 10.7 percent lower than a year ago.
The Americas region saw sales fall by 4.6 percent on the previous month to $3.29 billion, representing a 3.5 decline from the same period last year; Japan , with sales of $3.99 billion declined the least of the four regions tracked, down 2.8 percent from the previous month and up 8.2 percent on the corresponding period the previous year; while the AsiaPacific region , with sales in February of $9.82 billion, saw the steepest decline, of 6.4 percent from the previous month but saw an increase of 1.2 percent compared to the same period last year.