Europe's three-month average chip sales in May pushed forward showing strengthening growth year-on-year while the rest of world saw growth rates decline, according to the European Semiconductor Industry Association (ESIA), that referenced the World Semiconductor Trade Statistics World Semiconductor Trade Statistics (WSTS) organization as its source.
Three-month average chip sales in April, May 2014. Source: ESIA/WSTS
The global three-month average of chip sales was $26.86 billion in May, up 8.8% over the equivalent figures in May 2013. The year-on-year growth moderated from 11.5% the previous month. Sequentially the three-month average sales were up 2.0% from $26.34 billion reported for April 2014.
Three-month average sales in the Americas region were up by 10.7% on an annual basis down from 14.7% the previous month. Sales in Europe were up by 10.1% an increase on 8.2% in the previous month. Asia-Pacific region May sales were up 8.6% of which the Chinese portion managed growth 19.8% annual growth.
In Europe there was strong demand in the discretes, analog, logic, MOS micro, and optoelectronics. Sales of application-specific chip was also positive in May while the wireless market continues to be Europe's strongest end market, the ESIA said.
Monthly data is given by the ESIA as a three-month average, although the WSTS organization tracks actual monthly data. The ESIA and other regional semiconductor industry bodies opt to use averaged data because it smoothes the actual data that typically show troughs at the beginnings of quarters and peaks at the ends of quarters.
This article was originally published on EE Times Europe.