The semiconductor market has been growing for 12 consecutive months
Analysts of the Semiconductor Industry Association in their report saying that worldwide sales of semiconductor products in July reached 33.6 billion dollars. This is 24% higher than a year ago.
In comparison with the previous month, the market grew by 3.1%. Analysts say that the growth was recorded across all the major markets of the world. For example, in North and South America sales of semiconductors grew by 36.1%.
The lowest growth was recorded in Japan with 16.7%. In addition, the source said the growth of semiconductor market for the past 12 months. Given the forecasts concerning the demand for DRAM and NAND, we can assume that at least in the next few months, the trend of market growth will continue.