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European Semiconductor Market Grew 6.8% in February YoY
April 6, 2021 | ESIAEstimated reading time: Less than a minute
European semiconductor sales in February 2021 reached US$ 3.482 billion, an increase of 6.8% versus the same month one year ago, the European Semiconductor Industry Association (ESIA) reported on 5 April based on World Semiconductor Trade Statistics (WSTS) data. On a worldwide basis, semiconductor sales in February 2021 were US$ 39.588 billion, up 14.7% versus the same month in 2020. All growth figures represent a three-month rolling average.
Sensors, discretes and MOS microcomponents were the top drivers of February sales in Europe. Sales for these product categories grew by 4.2%, 3.9%, and 2.7 % respectively. Looking at worldwide sales of application-specific semiconductors, good growth was recorded for automotive infotainment chips, consumer and communication.
In February, exchange rate effects increased from January, when comparing market growth in Euros and in Dollars. Measured in Euro, semiconductor sales were 2.868 billion Euros in February, up 0.1% versus the previous month and down 2.9% versus the same month a year ago. On a year-to-date (YTD) basis, semiconductor sale declined by 2.6%.
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