European semiconductor sales in March 2015 amounted to $2.954billion, an increase of 2.7% over February sales, according to the European Semiconductor Industry Association (ESIA).
The increase, described by ESIA as 'healthy', was driven by growth in demand across several product categories. Leading the sales growth were discretes, sensors and actuators, and MOS MCUs, where revenues grew by 8.7%, 8.5% and 7.9% respectively.
However, on a global basis, semiconductor sales in March 2015 declined by 0.1% to $27.7bn compared to February, but were 6% higher than in March 2014.
On a quarterly basis, Q1 sales were down 4.9% compared to Q4 2014, but 6% more than in Q1 2014.
Looking to avoid exchange rates influencing the figures unduly, ESIA said March 2015 revenues were €2.62bn, 7.8% more than in February and 16.8% more than March 2014. Q1 2015 sales reached €7.87bn, 9.5% higher than the previous quarter.