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DMASS

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Despite the gloomy economic outlook components distribution in Europe confounded the pundits and enjoyed a healthy 2015. According to DMASS (Distributors’ and Manufacturers’ Association of Semiconductor Specialists), semiconductor distribution sales in Q4/CY15 grew by 11.3% to 1.75bn Euro compared to Q4/CY14 and became the strongest Christmas quarter ever. Sales of 7.3bn Euro, a 14.6% gain over 2014 made for an impressive 2015. The exchange rate effects between US Dollar and Euro diminished compared to previous quarters, but on an annual basis, the influence of the stronger dollar and its side effects (price increases, dollar factoring) on the growth was significant – DMASS estimates that 60% of the increase in 2015 was due to the exchange rate swing, in other words, the organic growth lay between 6 and 7%. (As a perspective, DMASS sales, converted to US Dollars, dropped 4.4% compared to 2014.) Georg Steinberger, chairman of DMASS commented: “As predicted,…