European semiconductor sales dip in April

The European Semiconductor Industry Association has reported that according to the latest World Semiconductor Trade Statistics data European semiconductor sales amounted to US$2.889billion in April 2015. That represents a fall of 2.3% on the figure for March and is down 5.6% on this time last year.

The results are in line with sales developments in the other regions, with the exception of Asia-Pacific, where sales were up 0.9% on the previous month and 7.3% on this time last year. Worldwide semiconductor sales were US$27.602billion in April, representing a fall of 0.4% from March but up 4.8% on last year.

Looking in more detail at the European market strong growth was observed in a number of key segments. Sales of Diodes were up 2.7% compared to March, Optoelectronics were ahead 4.1% and Sensors and Actuators rose 2.9%. In addition, application specific semiconductors performed well, with devices designed to be used in consumer and wireless communication growing by 3.2% and 1.7% respectively compared to March.