Global semi sales up 11% year-on-year
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Global semiconductor sales reached $25.87billion in February this year, an increase of 11.4% from the same period in 2013 when sales were $23.23bn.
According to the World Semiconductor Trade Statistics (WSTS), this marks the industry's largest year-to-year increase in more than three years.
"The trend lines remain positive for the global semiconductor industry, which has followed record revenues in 2013 with an encouraging start to 2014," said Brian Toohey, president and ceo of the Semiconductor Industry Association. "The Americas market continues to demonstrate impressive growth, while sales in Asia Pacific and Europe also increased substantially year-to-year, and the Japanese market continued its recent rebound."
Regionally, year-to-year sales increased in the Americas (18%), Asia Pacific (12%), and Europe (9.6%).
Sales decreased slightly in Japan (-0.2%), but February marked the region's smallest year-to-year decrease since August 2012.
Toohey said the US semiconductor market was a 'key driver' of global market growth over the last year, and concluded by calling on policymakers to maintain removing obstacles for continued growth.
