Things are on the turn in the chip business, and it’s a turn for the better.
The European Semiconductor Industry Association (ESIA) said today that sales hit $3.231 billion in August, that’s up 10.9 percent compared to August last year.
Its figures represent a three month rolling average.
ESIA said the logic market was pretty strong – that continues a trend that emerged early this year. MOS (metal oxide semiconductor) based microprocessors grew strongly compared to July. And flash and NAND memory also showed good performance compared to July.
The chip market is, of course, affected by exchange rates with trading in Euro and in dollars affecting the mix. But, nevertheless, in August this year semi sales were 2.393 billion Euro – which represents a 0.4 percent decrease over July, said ESIA.
ESIA is bullish. It said worldwide sales for August 2014 amounted to a not insignificant $28.435 billion – up 9.4 percent compared to August 2013, and up 1.3 percent compared to July 2014.
