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Analysis |
Top10: NXP's march into 7th
"Weak results last year signal the beginning of what is expected to be a three-year period of declining to stagnant growth for semiconductor revenues", writes Dale Ford, vice president and chief analyst at IHS Technology.
Global semiconductor revenues fell by 2 percent in 2015. Sequential quarterly growth was weak throughout every quarter of 2015, especially in the first quarter when the market declined 8.9 percent over the previous quarter -- the deepest sequential quarterly decline since the semiconductor market collapsed in the fourth quarter of 2008 and first quarter of 2009.
Global revenue in 2015 totaled USD 347.3 billion, down from USD 354.3 billion in 2014, according to IHS Inc. The market drop follows solid growth of 8.3 percent in 2014 and 6.4 percent in 2013.
Overall semiconductor revenue growth will limp along at roughly 2.1 percent growth compound annual growth rate (CAGR) between 2015 and 2020, according to the latest information from the IHS Semiconductors Service. Current technology, economic, market and product trends suggest that sometime between 2020 and 2022 new products will come to market that will enable a significant level of growth in semiconductor revenues.
Reshaping the leader board
Intel retained its number one ranking in 2015, after completing its acquisition of Altera, which allowed the company to offset declining processor revenues and achieve 2.9 percent overall growth in 2015. The final major deal among the top 10 in 2015 was NXP’s acquisition of Freescale, which boosted it from number 15 in the 2014 rankings to number seven in 2015.
Top 10 Semiconductor Companies in 2015
- Intel
- Samsung
- SK Hynix
- Qualcomm
- Micron Technology
- Texas Instuments
- NXP
- Toshiba
- Broadcom
- STMicroelectronics