Sales of semiconductors reached $31.3 billion (+20.9 percent year on year and +1.3 percent month on month) in April 2017, said the Semiconductor Industry Association (SIA).
April marked the global semiconductor market’s largest year-to-year growth since September 2010.
“Though driven in part by tremendous growth in the memory market, sales of non-memory products also grew by double digits in April, and all major regional markets posted substantial gains,” said John Neuffer, president and CEO, Semiconductor Industry Association.
China’s semiconductor market achieved year on year growth of 30 percent, the Americas 26.9 percent, Asia Pacific/All Other 14.1 percent, Europe 12.7 percent, and Japan 12 percent. Asia Pacific/All Other markets achieved month on month growth of 2 percent, the Americas 1.8 percent, Japan 1.4 percent, China 0.7 percent and Europe 0.5 percent.
Semiconductor growth forecast
The World Semiconductor Trade Statistics (WSTS) forecasts that there will be annual growth of 11.5 percent in 2017 to $377.8 billion and 2.7 percent in 2018, followed by 0.2 percent decrease in 2019.
WSTS projects increase of 12.4 percent in Asia Pacific, 12.2 percent in the Americas, 8.7 percent in Europe, and 6.6 percent in Japan. Beyond 2017, growth in the semiconductor market is expected to slow across all regions.
