Global chip market is steady as she booms

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Annual growth in the global chip market fell back in November for the second month but remained unusually high at 21.5 percent. The plateau in growth rate suggests that the market might be reaching a peak in its cycle with growth rates set to fall in 2018.

Jan. 17, 2018 – 

The year-on-year growth varied by geographical region but was similar to the figures recorded in October with the Europe market up by 18.8 percent compared to a year before and the Americas region showing annual growth of 40.2 percent.

The global chip market recorded its sixteenth consecutive month of year-on-year growth with a three-month average sales figure of $37.69 billion, according to the Semiconductor Industry Association (SIA) reporting figures compiled by the World Semiconductor Trade Statistics (WSTS) organization.

China which buys nearly a third of the world's semiconductors spent $11.9 billion as a three-month average and enjoyed 18.8 percent annual growth The smaller Americas market had a three-month market average of $8.77 billion but continues to grow faster than any other region.

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