In August global semiconductor market growth slowed, although Europe continued to show strong year-on-year growth at above 10 percent, according to data from the World Semiconductor Trade Statistics (WSTS) organization, reported by the European Semiconductor Industry Association (ESIA).
The slow down in annual growth, compared with July, was reflected in all regions tracked by WSTS except Asia-Pacific.
The three-month average of global chip sales for August was $28.435 billion, up 9.4 percent over the equivalent figure in August 2013. The year-on-year growth was a slight dip from 9.9 percent recorded the previous month and 10.1 percent recorded the month before. As global chip market growth slows there is the prospect that the annual growth for 2014 could be trending below 10 percent.
The strongest region was Asia-Pacific which showed increased annual growth at 12.3 percent overtaking Europe which saw growth dip to 10.9 percent. The Americas region grew by 7 percent while Japan’s market contracted by 1.7 percent. The Chinese market, which is responsible for about one quarter of all the world’s chips sales, was up 6.2 percent on an annual basis at $7.866 billion.
