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European Semiconductor market.

European sales for the first quarter of 2005 show results of US$10.2 billion, 8.4% above the first quarter 2004. Billings are down 3.3% sequentially, but this is explained by a traditionally weak Q1, the slowing down of some end use markets--e.g., the PC market--and the price pressure on memory products (notably DRAM and Flash, where a dramatic rise in unit shipments was coupled with declining average selling prices). These results are, however, above the industry's expectations for sales in 2005.

European semiconductor sales in March 2005 amounted to US$3.409 billion according to the World Semiconductor Trade Statistics (WSTS), up +0.2% versus the previous month. This corresponds to a +8.4% increase compared to the same month last year. On a year-to-date basis, semiconductor sales increased as well by +8.4% versus the same period in 2004.

On a worldwide basis, semiconductor sales in March were US$18.433 billion, up +2.2% versus the previous month. This results in an increase of +13.2% versus the same month in 2004 and on a year-to-date basis results in a growth rate of +13.2%.

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Title Annotation:MICROWAVE METRICS
Publication:Microwave Journal
Article Type:Brief Article
Geographic Code:4E
Date:Sep 1, 2005
Words:191
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