European semiconductor sales showed signs of 'encouraging' growth in October, the European Semiconductor Industry Association (ESIA) has said.
Sales were up 5.2% from the previous year, reaching $3.2billion. In addition, combined sales from January to October were up 1.5% compared to September and up 9.6% compared to October last year.
The main drivers of growth were the microprocessor market and the memory market, with MOS MPU, DRAMS and SRAM performing particularly well compared to September.
Steady growth was also observed in the area of application specific devices, especially for semiconductor devices designed to be used in communication and in-car entertainment applications.
Author
Laura Hopperton
Source: www.newelectronics.co.uk