Global semiconductor sales up 7% YoY

The Semiconductor Industry Association (SIA) said that sales of semiconductors reached $31 billion in November, up 7.4% year on year and 2.0 up on October, the best annual growth since January 2015. The Chinese market was up 16% year on year, but sales in Europe were down by 1.6%. The SIA said that 2016 sales should be close to the level of 2015.