According to the European Semiconductor Industry Association (ESIA), using figures provided by the World Semiconductor Trade Statistics (WSTS), sales in  2017 were up from a record $338.931 billion in 2016.

The growth was mainly from memory devices, sensors and actuators, analogue devices and logic devices.

Europe, too, performed well in 2017 with sales of $38.311 billion – up 17.1 percent from the year before.

Exchange rate fluctuations because of differences between the euro and the US dollar amounted to -2 percent.