Europe is tops for chip sales

STMicroelectronics Crolles fab in France

STMicroelectronics Crolles fab in France

Europe seems to be an important market for semiconductor suppliers right now.

According to figures from the World Semiconductor Trade Statistics (WSTS) and published by the European Semiconductor Industry Association, the European market grew faster in dollar terms than the world as a whole in May.

European semiconductor sales jumped by 10.1% in May on the back of strong growth in thw wireless market, according to WSTS.

Global semiconductor sales in May were $26.86bn, up 8.8% year-on-year.

Just over $3bn worth of semiconductors were sold in Europe in May, this was 10.1% ahead of the same month a year ago.

The May figure was also 2.1% ahead on the April sales figure.

According to WSTS, this continues the trend for growth, and European semiconductor sales for the first 5 months of 2014 are running 9.6% ahead of the same period in 2013.

Discrete and analogue ICs remain the big drivers.

“The wireless market continues to be the strongest end market, and a brisk growth could be observed in the sales of devices designed for consumer and wired communication applications,” said WSTS.

Exchange rate effects continue to affect the European sales picture when comparing market growth in euros and in dollars.

Semiconductor sales were €2.266bn in May, an increase of 3.7% on teh same month a year ago.

Tags: chips, europe, markets, ST

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