Semiconductor sales up 5.9% year-on-year in Europe
In February 2017, European sales of semiconductors reached $2.819bn, an increase of 5.9% versus the same month in 2016. The results were announced by the European Semiconductor Industry Association (ESIA) based on the latest WSTS report. Looking at month-to-month growth rates, the European market was essentially flat (-0.6%) in February compared to the January sales. This development is in line with results in the regions worldwide. On a worldwide basis, semiconductor sales in February were $30.391bn, down 0.8% versus the previous month.
Several important product categories grew strongly in February on a month-to-month basis: discrete, optoelectronic devices, and especially sensors (+4.6% compared to January) all experienced steady growth in Europe. Sales of application-specific chips were also positive in Europe compared to the previous month. Looking at worldwide sales of application specific devices, automotive semiconductors grew strongly in February.
In February, exchange rate effects continued to play a role comparing market growth in Euros and in Dollars. Measured in Euro, semiconductor sales were €2.659bn in February 2017, down 0.2% versus the previous month, and up 9.4% versus the same month a year ago. On a YTD basis, semiconductor sales increased by 11.5%
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