© Jakub Jirsak Dreamstime.com Analysis | May 05, 2020
European semiconductor sales up 5.7% from previous quarter
European semiconductor sales grew by 5.7% in the first quarter 2020 compared to the previous quarter reaching USD 10.172 billion, says the European Semiconductor Industry Association (ESIA).
Sales increased significantly on a month-on-month basis as well, reaching USD 3.391 billion in March, up 4% versus February. All figures are based on the latest World Semiconductor Trade Statistics (WSTS) report and represent a three-month rolling average. The main drivers of the March sales were sensors and actuators (up 7.9% from the previous month), logic semiconductors (up 6.1%), optoelectronics (5.5%) and discretes (up 4.5%). The memory market also grew strongly, increasing by 5.2% from February. On a worldwide basis, semiconductor sales in March 2020 amounted USD 34.852 billion, up 0.9% versus the previous month and up 6.9% versus the same month in 2019. Total sales in the first quarter were down 3.6% versus the previous quarter. In March, Euro / Dollar exchange-rate effects on the overall European sales pictures were less significant than in previous months. Measured in Euro, semiconductor sales were EUR 3.077 billion in March 2020, up 4.1% from the previous month and an increase of 1.8% versus the same month in 2019. Total first quarter sales amounted to EUR 9.231 billion, up 6.2% versus the previous quarter.