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Chips Act on the way to help EU boost semiconductor R&D and manufacturing
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European Semiconductor Sales Up 31 2% YoY
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Global Semiconductor Industry Meets to Discuss Challenges and Ambitions Beyond the Pandemic
The European Semiconductor Industry Association (ESIA) welcomes the World Semiconductor Council’s (WSC) agreement on joint recommendations. High-level executives from the world’s leading semiconductor companies gathered for the 25th time to discuss ways to foster innovation and strengthen competitiveness through international cooperation. As a charter member since 1997, ESIA represents the interests of the European semiconductor industry at the WSC.
Chief executive officers and industry representatives from around the globe1 discussed a broad range of pressing issues such as the importance of cooperative approaches in protecting the environment, responsible minerals sourcing, free & open markets and regional support programmes, as well as encryption policies and effective protection of intellectual property rights.
European Semiconductor Industry Committed to Use Responsibly Sourced Minerals
At the occasion of the 14th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Cooperation and Development (OECD), the European Semiconductor Industry Association (ESIA) is highlighting the industry’s commitments to source its raw materials in an ethical and sustainable manner that safeguards human rights within the global supply chain.
The European semiconductor industry has been a leading participant on the responsible sourcing of minerals. Its ambition, as a downstream purchaser of minerals, is focused on supply chain due diligence processes in order to determine that minerals in the semiconductors that the industry manufactures do not directly or indirectly finance or benefit armed groups. The industry remains committed to use responsibly sourced minerals in its products.
European Semiconductor Market Grew 6.8% in February YoY
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.
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